Townhomes, Condos, Co-ops And More: Property Type Affects Mortgage Approval
Many homes don’t look like the Equal Housing logo featured in real estate and mortgage ads. And they don’t all have white picket fences either. But, they can be financed, if you understand how your property type affects your mortgage approval. Whether you’re buying a condominium, townhome, co-op — or a traditional single-family house, the property type will impact your mortgage application. Read the article………….
Aside from condo association fees, shared walls, and elevators, there’s another thing that separates an apartment from a home –
Homeowners associations (HOAs) and property owners associations (POAs) are easy to confuse because they are similar in nature. If you