Yes! We Finance Non-Warrantable Condos Loans Up to 90% LTV

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Limited Review Highlights
Full Review Highlights

A&D Mortgage offers a range of financing solutions for new and established non-warrantable condominiums for borrowers who don’t meet Fannie Mae’s requirements. Our expanded guidelines differ from Fannie Mae by reducing capital reserves requirements, allowing for more investment properties to be sold, and available to both new and existing projects. This provides stress-free, hassle-free mortgage options that let your clients secure more condo loans – even for LTVs up to 90%.

Limited Review Highlights

Owner Occupied – 75% LTV
Second Home- 70% LTV
Non-Owner Occupied – 70% LTV
No Capital Reserves Requirement
No HOA Dues Requirement
No Investment Concentration Requirement
No Requirement on Developer Ownership Interest

Full Review Highlights

Maximum allowable LTV
Owner Occupied > 75% LTV
Second Home> 70% LTV
Non-Owner Occupied > 70% LTV
Capital Reserves Requirement= 8%
Investor Concentration = Max 75%

Written by

Carl Holman

Communications Manager

As A&D Mortgage’s Communications Manager. Carl Holman has more than 20 years of expertise in marketing, media relations, and communications, having spent 10 years of his career in mortgage lending and real estate. He holds a Bachelor’s in Journalism and Mass Communications from the University of South Carolina.