Did You know that our wholesale lender partners will consider a condo development with less than 75% of the units conveyed as an established condo development?
Wholesale lenders will consider a PWR ( Project Waiver Request) on a condo development with less than 75% of the units conveyed to unit owners IF:
- The Developer has retained MORE than 25% of the units for rental purposes AND
- The Developer has OWNED these units for a MINIMUM of 10 years
We are experts at condo financing, contact us for more info about getting a condo loan.
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