If you’re in the market for a condominium, we have several options for you to consider. ESCO Mortgage Advisors offers condo loan programs – including Jumbo Loans – up to $3.0 million. 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.
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 condo must meet specific requirements such as real estate specifications, HOA conditions and development and ownership rules.
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