Let’s understand your options.
Financing a condominium involves reviewing the individual home and the wider project. An early review can help identify questions about the association and property before you get too far into the purchase.
Project review
The selected program may require a review of the condominium association, its insurance, finances, and other project details.
Monthly budget
Include association dues in your budget alongside the mortgage, taxes, insurance, and any applicable assessments.
Your intended use
Primary residence, second-home, and investment plans can lead to different financing requirements.
Gather details early
Ask the seller or association for contact information and available project documents so we can identify the next steps.
Helpful for our conversation
- The condo address and association name
- Monthly dues and any known special assessments
- Association or management contact information
Questions you may be asking
Put some numbers to your plan.
Use the calculators to explore a scenario before we talk.