Non-Warrantable Condo Loans
Explore alternative financing when a condominium project does not fit standard agency rules.
A financing strategy built for your goals.
Some buildings do not meet Fannie Mae or Freddie Mac project guidelines. That does not automatically end the financing conversation. Alternative lender programs may evaluate the project differently, with different down payment, pricing, and documentation requirements.
At a glance
- Alternative project criteria
- Purchase and refinance scenarios
- Early building-level review
How non-warrantable condo loans work
Why a project may be ineligible
Common issues can involve insurance, litigation, commercial space, short-term rentals, or financial reserves.
What to gather
Association documents, insurance information, budget, questionnaire, and details of any project concerns can help narrow the options.
Compare terms
Alternative programs may cost more or require more equity. Review rate, APR, fees, and cash to close together.
Who this may fit
Every situation is different. This program can be a useful starting point for:
- Buyers in unique condo buildings
- Investors evaluating condo projects
- Owners refinancing a non-warrantable condo
Neev can help you compare it with other available options using your actual income, assets, property, and goals.
Questions about non-warrantable condo loans
Does non-warrantable mean impossible to finance?
No. It means the project may not fit certain agency rules. Other lender programs may be considered.
Will I need more money down?
That depends on the lender, project issue, property use, and borrower profile.
Let's explore your non-warrantable condo loans options.
You'll get a real conversation, clear tradeoffs, and a financing plan shaped around your goals.