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is it harder to get a mortgage on a condo vs single family?

 
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joneser1



Joined: 30 Jan 2006
Posts: 4

PostPosted: Wed Nov 15, 2006 2:13 pm    Post subject: is it harder to get a mortgage on a condo vs single family?Reply with quote

I am looking for advice. I just finished a chapter 13 bk and i am planning for the future. I was wondering if it is more difficult to get financing on a condo than a single family home. I am single, and starter homes in my area are pretty expensive ,so I was looking at condos. I realize with bad credit , I may need a lease purchase or higher down payment, but wonder if those are options on a condo
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The Mortgage-Pro
Site Admin


Joined: 19 Jan 2005
Posts: 2248

PostPosted: Mon Nov 20, 2006 1:26 am    Post subject: Reply with quote

You may want to read this first.

http://www.mortgagesaver.org/forget_about_buying_a_condo.htm

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