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Updated over 16 years ago on .

User Stats

689
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23
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Lynn Z
23
Votes |
689
Posts

how to finance condo

Lynn Z
Posted

Is commercial loan or cross collateralization loan (5 yr. balloon) the only way to buy a condo these days? Are there any traditional lenders that will do a portfolio loan on a new condo if the percentage of ownership etc. don't meet Fannie guidelines?

Any banks in South Carolina area that you know of?