condominium sales

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The struggle in locking condominiums in the mortgage industry

Apr 05, 2018By

Your loan application has been processed and the loan is ready for clear to close but then an underwriter points out that everything is clear except the condominium project. There is a high delinquency rate, specifically, 26% of the total unit owners in the project are 60 days or more late paying their HOA dues! What do you do next?

3d rendering of a row of luxury townhouses along a street

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