low down payment: WHEDA's condo appetite - 07/18/08 12:59 PM

Much to the shagrin of many local lenders, WHEDA's appetite for condos has weaned considerably.  In the rapidly changing loan environment, WHEDA appeared to be a haven for 1st time condo buyers with low down payments, allowing for as little as 5% down.  Given the rising surplus of condos , however, we are finding more and more that buyers will require a 10% down payment.  Absolutely critical that any of your pre-approved buyers or offers coming in on your condo listings are closely scruitinized.  Make sure to give me a call today if you have any 5% down condo buyers … (0 comments)

 

Brian Kludt

Menomonee Falls, WI

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Brian Kludt Mortgage Team / Waterstone Mortgage

Address: N96 W18221 County Line Rd, Menomonee Falls, WI, 53051

Office: 2(625) 024-0002

Fax: (262) 293-4840

Reflection and insight into the world of mortgage financing


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