Flexible Mortgage Solutions for Non-Warrantable Condo Projects

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Navigating financing for non-warrantable condos can be challenging. With over 150,000 condominium projects across the U.S., only about 6.5% are approved for FHA financing. That leaves 93.5% of condo developments outside typical agency guidelines, making conventional financing difficult to secure.

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At Orion Lending, we offer multiple alternative lending programs designed specifically for borrowers seeking mortgages on non-warrantable condos. Our specialized solutions open doors for buyers and investors who need flexible underwriting and competitive terms for condos that don’t meet traditional agency requirements.

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How Orion Lending’s Non-Warrantable Condo Financing Works

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Assessment of Condo Project
Our underwriting team evaluates the unique characteristics of your non-warrantable condo project, considering factors beyond standard agency checklists. This includes financial health, owner-occupancy ratios, litigation status, and more.

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Review of Borrower Profile

‍We analyze your credit, income, and financial situation using flexible guidelines tailored to non-warrantable condos, allowing for more inclusive borrower eligibility.

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Multiple Program Options
Choose from a variety of specialized mortgage programs designed to accommodate non-warrantable condo financing. These include portfolio loans, jumbo loans, and other alternative products with competitive rates.

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Customized Underwriting
Our experienced underwriting team applies a customized approach to evaluate your loan, reducing the impact of strict agency overlays and helping you secure financing that fits your needs.

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Efficient Loan Processing
With in-house underwriting and streamlined processes, Orion Lending ensures your loan moves efficiently from application to closing, even when dealing with complex condo projects.

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Benefits of Financing Non-Warrantable Condos with Orion Lending

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• Access to Financing Beyond Agency Guidelines
  We provide mortgage solutions for the vast majority of condos that do not qualify for FHA or conventional loans, unlocking opportunities for buyers and investors.

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• Multiple Lending Programs Available
  Select from a range of flexible loan options tailored specifically to non-warrantable condos, including portfolio and jumbo loan products.

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• Expert Underwriting for Non-Warrantable Condos
  Our specialized underwriting team understands the nuances of non-warrantable projects and offers tailored approvals that traditional lenders may not provide.

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• Competitive Rates and Terms
  Despite the challenges non-warrantable condos present, Orion Lending offers competitive mortgage rates and flexible terms to fit your financial goals.

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• Faster Loan Decisions and Closing
  Our efficient internal processes reduce delays common with complex condo financing, helping you close your loan on time.

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• Support for Buyers and Investors
  Whether purchasing your primary residence, second home, or an investment property, our non-warrantable condo programs provide the financing solutions you need.

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Unlock financing possibilities for non-warrantable condos with Orion Lending’s specialized mortgage programs. Contact us today to explore your options and get pre-qualified for your next condo purchase.

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