Condo Loans

If you’re in the market for a condo, we have several options for you to consider. Benefit from our comprehensive condo offerings, plus in-house teams dedicated to helping you close on a condo loan.

Thanks to condo financing offered by many of our most popular loan products, condo buyers may be eligible across a range of financial standings, locations, down payments and special qualifying factors. 

What Is A Condo?

A condo is defined as a unit in a condominium project. Each unit owner has title to his or her individual unit, an individual interest in the project’s common areas and in some cases the exclusive use of certain limited common areas. In addition to meeting the requirements of each type of loan, the condominium association must meet specific requirements such as real estate specifications, HOA conditions and development and ownership rules – and if that business is not being operated efficiently, the loans made to unit owners could end up in default.  That’s why lenders also require a review of the condominium project for loan approval.

Contact us to clarify what qualifies as a condo and which loan program may best meet your needs.

George Mason Mortgage, LLC is not endorsed by, or affiliated with any government agency or program.