Tag: condominiums

Posted on

Unwarrantable Condo Loans, Lenders and Financing of Downtown Los Angeles Live/Work Lofts

LOFT LOANS:  UNWARRANTBLE CONDOS

Unwarrantable Downtown Loft Condos
Unwarrantable Condo Loans and Lenders

Some Downtown L.A. loft condo buildings such as SB Grand lofts and a few others have issues that can make it difficult to finance units in the building. The reasons often involve high renter ratio, mixed-use, industrial or commercial buildings and incomplete or minimal HOA financial documents.  Can buyers get a mortgage in these buildings?  #unwarrantable #condos #dtla

Yes, it can be done. When a condo project is deemed non-warrantable, the choices that exist will usually come at slightly higher mortgage rates and fees than a conforming or “warrantable” loan.  The lender generally needs to have appropriate portfolio investor connections or investors “in house” that make exceptions for non-warrantable condos. The DTLA agents and brokers who specialize in these most challenging of lofts only know of 2 or 3 lenders who can make it happen.

Get a free list of loft lenders. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

Lofts For Sale     Lofts For Rent Lease Downtown Los Angeles DTLA    

SEARCH LOFTS FOR SALE:  Affordable  |  Popular  |   Luxury
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

Unwarrantable condo financing loans
Financing of Downtown Los Angeles Live/Work Lofts

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Posted on

Alta Lofts For Sale New on the Market 940 Sq Ft Penthouse Level Loft with Views

Many buyers looking for lofts in Downtown Los Angeles discover bigger, nice, cheaper lofts at Alta Lofts in Lincoln Heights / Chinatown by Elysian Park and DTLA.  #altalofts #losangeles #justlisted

Alta Lofts

HOT LOFT ALERT

Open and airy, top floor, corner unit with breathtaking panoramic views! Real live/work loft in the architecturally significant Alta Lofts, designed by Brooks + Scarpa, with the top two floors added in 2009. Unit features huge, floor-to-ceiling windows, wood floors, gas range, dishwasher and in-unit washer/dryer thoughtfully hidden away. Ideal location within the building and only one shared wall. One private (and huge) balcony and another semi-private balcony that offers “peek-a-boo” views of the fireworks from Dodger Stadium. This building really does have it all: gated entry, secure parking for one car (plus guest parking), a gym, BBQ area, community room, bike storage and well maintained common areas. Building is pet friendly. Evening security from 6PM-6AM. HOA includes electric, gas and trash! Very close proximity to Downtown LA, convenient to the 5 & 110 freeways and only .5 mile to the Lincoln/Cypress Metro Gold Line Station; also very close to the LA River bike trail, hiking trails, Chinatown and the LA State Historic Park, that recently re-opened after its 20-million-dollar renovation. This is the ideal alternative to a DTLA condo!  |  JUST LISTED

Be the first to know about hot, new loft listings in and around the Downtown L.A. area. Get a free list of Just Listed lofts and condos. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

Lofts For Sale Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE UNDER $500,000 | $900,000 | Top Luxury
Browse by Building | Neighborhood | Size | Bedrooms | Pets | Parking

Elysian Park by Alta Lofts
Elysian Park between Alta Lofts and Downtown Los Angeles

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.