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:

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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.

New Homes Downtown Los Angles Elysian Park Town Homes

New Townhouse Condos with Views of Downtown Los Angeles and Elysian Park  #newhomes #dtla #elysianpark

New Homes Downtown Los Angeles Elysian Park Townhouse
New Homes Downtown Los Angeles Elysian Park Townhouse

New three-story townhomes are now under construction and nearing completion between Downtown Los Angeles and Elysian Park, on a hill with supreme park views and skyline views.

Some of the new home developments offer 1 and 2 bedrooms for first-time homebuyers. For those who like something new and big, 45 modern townhomes come with 3 bedrooms and 2.5 bathrooms provide an opportunity to own a better view with private balconies and patios. Enjoy DTLA and Dodger Stadium views. The smart 1,700 sq ft floor plans come with modern fixtures and finishes, master walk-in / built-out closets.

Prospective buyers will be able to walk though the construction site very soon to see the new build homes before the crowd buys ’em all up. To get more details or request an early viewing, get on the new homes interest list. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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Browse by Building | Neighborhood | Size | Bedrooms | Pets | Parking

 

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Your Home Sold GUARANTEED or I’ll Buy It*

Corey Chambers, REALTOR®
(213) 880-9910
coreychambers@yahoo.com
http://www.laloftblog.com/

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New Shopping Center Downtown Los Angeles
New Homes and a New Shopping Center Nearly Complete in Downtown Los Angeles

Copyright © This free information about new properties in Downtown, Chinatown and Elysian Park Los Angeles 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.

Based on information from the Association of REALTORS®/Multiple Listing as of [date the AOR/MLS data was obtained] and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*seller and Corey must agree on price and time of possession – details and conditions visit coreychambers.com