Forgotten Your Password?

Need to Register?

Question Icon

what is the best loan for a condo first time purchase?

i planned to buy in 2011 and got far enough that i was fha preapproved but my budget is different now and i'm not going after an actual house house. what's the best financing for going after a condo and how much should i put down? i have 6000 saved up for down payment alone. hope that gets me somewhere. 722 fico. by j.fehrer846320 from Myrtle Beach, South Carolina. Nov 7th 2014 Reply


Jay Spurlin (CFCMortgage)
#45 ranked lender in South Carolina - 24 contributions

It all depends on the Condo unit. We are local here in Myrtle Beach, right on 707.Give me a call and we can figure out what your best option is... 843-215-6200

Nov 7th 2014
0
0
Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions

It depends on the purchase price, your debt to income ratio and whether or not the development is Fannie or FHA approved.

Nov 7th 2014
0
0
Todd Glassman (Todd Glassman)
#1 ranked lender in South Carolina - 126 contributions

It depends on the purchase price and on the Condo unit. We have a office there call Tracey at 843-238-3600. She is very knowledgeable a condo financing.

Nov 8th 2014
0
0
Subscribe to our news feed.