Purchase loans
Condo Financing
Specialized financing for condominium purchases, including luxury, high-rise, agency, jumbo, and select non-warrantable projects.
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Condo Financing at a glance
Project review
The condo project is reviewed alongside the borrower.
Conventional & jumbo
Options across mainstream and higher-value purchases.
Non-warrantable options
Alternatives for select non-warrantable projects.
Primary or second home
Both may be supported.
What is condo financing?
Financing a condominium means qualifying two things: you as the borrower, and the condo project itself. Lenders review the project’s occupancy, ownership mix, budget, and other factors before approving financing.
That review is separate from your personal qualification — a well-qualified buyer can still be limited by the project’s eligibility.
01
Borrower profile
02
Condo property
03
Project review
04
Financing options
When condo financing may make sense
Condo purchases often hinge on the project, not just the buyer.
01High-rise purchases
Units in large or luxury buildings.
02Project questions
Projects that need experienced review.
03Non-warrantable projects
Condos that fall outside standard agency guidelines.
04Luxury condos
Higher-value units that need jumbo options.
Example scenario
See how it could work
The borrower
A buyer purchasing a high-rise condo.
The review
Project-level eligibility reviewed separately from the borrower.
The options
Conventional or jumbo financing.
The result
Financing matched to the project.
Illustrative example only. Actual financing structure, terms, eligibility, and availability vary.
A closer look
Why condo project eligibility matters
Lenders classify condo projects as warrantable or non-warrantable. Warrantable projects meet standard agency guidelines; non-warrantable projects — because of ownership mix, budget, or other factors — need different solutions.
MortgageFast works through project review regularly and maintains alternatives for select non-warrantable scenarios.
Frequently asked questions
Ready to explore your options?
Build your scenario and see whether Condo Financing or another mortgage solution may be worth exploring.
Program recommendations are informational until reviewed by an appropriately licensed mortgage professional. All loans are subject to credit and property approval; terms, eligibility, and availability vary.