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July 9, 2008
Non warrantable condos and mortgage approval
Is anybody currently going through the mortgage approval process for a new construction condo and experienced the non-warrantable issue with your lender? I understand what non-warrantable means, but I always thought that since ny new constructions condos are already highly regulated, that the non-warrantable issue doesn't apply to ny condos?
Can anyone she'd some light on their experinces with this issue... Was your IR affected by the non warrantable issue? A mortgae brokers experience is welcome as well. Are the underwriters you are working with really tight with this issue?
Comments
what is not warrantable about it? WWho is telling you this? If it is in Brooklyn try and speaki to a mortgage expert try the guy we dealt with brian from Wells 718 780 9132
Posted by: VfromR at July 15, 2008 10:46 PM
what is not warrantable about it? Who is telling you this? If it is in Brooklyn try and speaki to a mortgage expert try the guy we dealt with brian from Wells 718 780 9132
Posted by: VfromR at July 15, 2008 10:46 PM
what is not warrantable about it? Who is telling you this? If it is in Brooklyn try and speaki to a mortgage expert try the guy we dealt with brian from Wells 718 780 9132
Posted by: VfromR at July 15, 2008 10:46 PM
what is not warrantable about it? Who is telling you this? If it is in Brooklyn try and speaki to a mortgage expert try the guy we dealt with brian from Wells 718 780 9132
Posted by: VfromR at July 15, 2008 10:46 PM
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