Secure Financing for Your Condo Investment with Ease
Maine Mortgage Solutions offers a specialized Non-Warrantable Condo Mortgage Program tailored for individuals seeking financing for non-standard condominiums. Whether you're investing in a high-rise luxury condo or a low-rise boutique unit, we can help you secure the financing you need.
Key Features of the Non-Warrantable Condo Mortgage Program
- High Loan-to-Value (LTV) Ratios:
- Finance up to 90% of the condo's value.
- Flexible Credit Requirements:
- Credit scores starting at 620 are accepted.
- High Loan Amounts:
- Loans available up to $3 million.
- Investor Concentration:
- Up to 100% investor concentration allowed.
- New Construction Guidelines:
- New construction condos require a minimum of 25% sold and closed.
- Debt-to-Income (DTI) Ratio:
- Up to 50% DTI allowed.
Contact Information
For more information about our Non-Warrantable Condo Mortgage Program or to start your application, please contact:
Mark Violette
Phone: 207-730-1495
Email: m.violette@MaineMtgs.com
Address: 114 Holmes Rd, Scarborough, ME 04074
NMLS #1634913
Licensed in Maine and Florida
Why Choose Maine Mortgage Solutions?
At Maine Mortgage Solutions, we recognize the increasing demand for condominium financing, especially for non-warrantable condos. Our Non-Warrantable Condo Mortgage Program offers flexible terms and competitive rates, ensuring that you can secure financing for your condo investment with ease. Whether you're purchasing an owner-occupied unit, a second home, or an investment property, we're here to help.
For more details or to begin your application process, contact Mark Violette today!