Financing your condo, co-op, or townhouse

by Reed, David

Finding a condo, co-op, or townhouse to call home is hard enough, but finding financing to buy this kind of property is even more challenging. As a veteran mortgage banker and author of Mortgages 101, David Reed has helped thousands of buyers through this complicated process. Financing Your Condo, Co-op, or Townhouse offers readers invaluable advice, including information on developer financing, specialty loans, government programs and refinance loans, streamlining the approval process, appraisals, closing costs, and more. Readers will discover:The differences among condos, co-ops, and townhousesHow to find the right type of property for themThe rules governing loans for condos, co-ops and townhousesHow to evaluate which loan type is best and lock in the lowest rateWhy the percentage of owner-occupied units is importantWhat to consider when buying new construction or conversion propertiesThe financial considerations unique to each type of homeWhatever the property, whatever the questio