Borrowers can encounter unique challenges when financing non-warrantable condos and condotels or condo hotels. Our team of experienced mortgage professionals are here to help you meet your client’s needs and are dedicated to making the transaction a smooth and seamless buying experience.
Non-Warrantable Condo and Co-op Overview:
80% primary or second home
60% investment property
Units with less than 500 square feet considered up to 70% LTV
75% primary or second home
All Condos, Co-ops and Condotels require a completed Advancial Project Questionnaire1 and must pass our underwriter review
Yes. See Expatriate Visa Program sheet for details.
Yes. See Asset Depletion Program for details.
Allowed at max 75% LTV including cash-out refinance.See Guidelines for details.
Foreign National Eligibility
Yes. See Foreign National Program sheet for details.
Please note we do not allow the following: incomplete construction of the subject phase or pending litigation that implies structural deficiencies.2
1 Advancial questionnaires MUST be filled out completely with no question answered N/A, Unknown or left blank
2 Litigation considered on a case-by-case basis.