Streamlined review for Condominium Units in Established Condominium Projects NOT in Florida Maximum LTV/TLTV/HTLTV Occupancy Type LP Accept Mortgages All Other Mortgages Primary Residence 90% 80% Second Home 75% 75% Investment Property Not eligible Not eligible Streamlined review for Condominium Units in Established Condominium Projects IN Florida Maximum LTV/TLTV/HTLTV Occupancy Type LP Accept Mortgages All Other Mortgages Primary Residence 75% 75% Second Home 70% 70% Investment Property Not eligible Not eligible NOT MEETING ABOVE LTV RESTRICTIONS, MUST THEN ADHERE TO FANNIE MAE CPM *FLORIDA CONDO’S REQUIREMENTS.
Streamlined review for Condominium Units in Established Condominium Projects NOT in Florida Maximum LTV/TLTV/HTLTV Occupancy Type LP Accept Mortgages All Other Mortgages Primary Residence 90% 80% Second Home 75% 75% Investment Property Not eligible Not eligible Streamlined review for Condominium Units in Established Condominium Projects IN Florida Maximum LTV/TLTV/HTLTV Occupancy Type LP Accept Mortgages All Other Mortgages Primary Residence 75% 75% Second Home 70% 70% Investment Property Not eligible Not eligible *FLORIDA CONDO’S NOT MEETING ABOVE LTV RESTRICTIONS, MUST THEN ADHERE TO FANNIE MAE CPM REQUIREMENTS.