TAG Lending Group · Financing Process

Condo Review

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

01
1

Condo Research / CPM

(Buyer's Agent / Borrower / Listing Agent)

Step 1 Walkthrough · 2:28

  • 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 looks for the following:

  • Lease restrictions
  • Age restrictions (such as 55+ communities)
  • Deed restrictions
  • Credit Score restrictions
  • Rights of the first refusal
  • Animal restrictions
  • Flood insurance coverage deficiency
  • Other restrictions may also apply*
02
2

Homework

(Buyer's Agent / Borrower / Listing Agent)

Step 2 Walkthrough · 3:17

DOWNLOAD our Condo Package below. It consists of the following:

  • Condo Cheat Sheet
  • Condo Budget Formula
  • Deferred Maintenance Cheat Sheet
  • Condo Critical Repair Cheat Sheet
TAG Lending Group · Financing Process

Condo Review

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

01
1

Condo Research / CPM

(Buyer's Agent / Borrower / Listing Agent)

Step 1 Walkthrough · 2:28

  • 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 looks for the following:

  • Lease restrictions
  • Age restrictions (such as 55+ communities)
  • Deed restrictions
  • Credit Score restrictions
  • Rights of the first refusal
  • Animal restrictions
  • Flood insurance coverage deficiency
  • Other restrictions may also apply*
02
2

Homework

(Buyer's Agent / Borrower / Listing Agent)

Step 2 Walkthrough · 3:17

DOWNLOAD our Condo Package below. It consists of the following:

  • Condo Cheat Sheet
  • Condo Budget Formula
  • Deferred Maintenance Cheat Sheet
  • Condo Critical Repair Cheat Sheet

Programs subject to change without notice. Restrictions apply. All loans subject to credit approval and underwriting guidelines. TAG Lending Group, LLC · NMLS #2329372. This is not a commitment to lend.

CONDO CHEAT SHEET

DOWNLOAD FULL PACKAGE
FANNIE MAE CONDO PROJECT REVIEW

FANNIE MAE CONDO PROJECT REVIEW

CONDO INSURANCE

CONDO INSURANCE

DEFERRED MAINTENANCE & CPM

DEFERRED MAINTENANCE & CPM

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Approved condo projects

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