Condo in escrow

Is it possible for the borrower to qualify using conventional financing? Because the Condo Association is responsible for so much of the upkeep (typically Roofing, exterior maintenance, including painting, etc.) FHA requires the association to be managed and funded properly to account for these needs. If the borrower can't obtain a non-FHA loan, then you will likely need to find another buyer, sorry.Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Certified Mortgage Advisor and Certified by The National Association of Mortgage Professionals as a Certified Veterans Lending Specialist.Licensed in AZ, CA, GA, IL, MO, OR & WA... In fact, NEXA is licensed in all states except MA and NY so give us a call. ~ www.ApplyYes.com 480-889-9000 - OR - 480-695-9300