CONDO REVIEW

Please see below the steps in order to secure financing for a condo in the state of Florida and out of state.

STEP 1 - Condo Research/CPM

(Borrower/Buyer's Agent/Listing Agent representing a seller)
 
📌 Is it on the Condo Project Management Portal
(👉🏻Speak with us or your lender partner👈🏻)
📌 Is it approved? 
📌 Is it expired? 
📌 Was it rejected? 
 
Please take time and analyze the association by checking the links below 👇
  
 
CONDO APPROVAL LIVE SHEET  
   
VA APPROVAL SEARCH
 
  
Just because it was expired or rejected, it doesn't mean it can't be closed the following year. 
 
👇*IMPORTANT DISCLAIMER*👇
All Condos are independently reviewed by a separate third-party panel in regards to budget, reserves, bylaws, insurance, and condominium detail review.
As a reminder, this “next level” review to look for the following:
 
◼ Lease restrictions📜
Deed restrictions📑
◼ Rights of the first refusal📝
◼ Flood insurance coverage deficiency🌧
◼ Age restrictions (such as 55+ communities)👩🏼‍🤝‍🧑🏻
◼ Credit Score restrictions📈
◼ Animal restrictions 🐕
◼ Other restrictions may also apply*

STEP 2 - Homework

(Buyer's Agent/Borrower/ Listing Agent)
 
 DOWNLOAD our Condo Package below. It consists of the following: 

📑 CONDO CHEAT SHEET

 📝
CONDO BUDGET FORMULA

 
Additionally, you can you also download other
helpful resources ⬇️⬇️⬇️


⚙️ DEFERRED MAINTENANCE

🛠️ CONDO CRITICAL REPAIR

 
👇🏻👇🏻**Download Condo Cheat Sheet Package, Deferred Maintenance, Critical Repairs**. 👇🏻👇🏻 
 

Condo Cheat Sheet-4

CONDO CHEAT SHEET

Condo Review (1)

DEFERRED MAINTENANCE 

Condo Review (2)CONDO CRITICAL REPAIR

 

STEP 3 - Upload HOA Review

(Buyer's Agent/Borrower/ Listing Agent)
 
Once you have the association questionnaire in hand, head over to our intake form and fill it out (Full review - less than 25%; limited review - more than 25%; FHA SUA).CLICK HERE TO UPLOAD YOUR CONDO FULL REVIEW
 
CLICK HERE TO UPLOAD YOUR CONDO LIMITED REVIEW
 
CLICK HERE TO UPLOAD YOUR CONDO FHA SUA REVIEW
Boom! We're on our way to check whether it's a viable deal!
 

FINAL STEP 4

As soon as you complete the intake form, HOA questionnaire and upload all documentation, then it goes to our operations manager and underwriter, so they can instantly render a decision for you!

Tag lending group logo (1)-4

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