Condo Loan

CONDO LOANS

If you’re in the market for a condominium, we have several options for you to consider. Foundation Mortgage offers condo loan programs – including Jumbo Loans – up to $3.0 million. Benefit from our comprehensive condo offerings, plus in-house teams dedicated to helping you close on a condo loan.

GET CONDO FINANCING

Thanks to condo financing offered by many of our most popular loan products, condo buyers may be eligible across a range of financial standings, locations, down payments and special qualifying factors

WHAT IS A CONDO?

A condo is defined as a unit in a condominium project. Each unit owner has title to his or her individual unit, an individual interest in the project’s common areas and in some cases the exclusive use of certain limited common areas.In addition to meeting the requirements of each type of loan, the condo must meet specific requirements such as real estate specifications, HOA conditions and development and ownership rules.

Affordable Condo Financing at Foundation Mortgage is included in these programs:

• Fannie Mae & Freddie Mac Conventional
• VA for eligible military
• FHA Government
• USDA rural home loan program