Condo Financing Solutions From American Financial Resources
Condos offer low maintenance home ownership in some of the country's most desirable locations. Whether it is your first home, a second home to be used on vacations, an income generating rental property, or the home you plan on retiring to, a condo could be an excellent choice. American Financial Resources offers low rate condominium financing and a wide variety of mortgage programs to choose from.
Trust The Condominium Financing Experts
In many ways financing a condo is much like taking out a mortgage on a single family detached home. There are however some nuances that make it important to work with someone experienced in this area. AFR's loan consultants are well versed in condo financing and are able to ask the right questions and look out for possible red flags to ensure your mortgage loan moves smoothly to closing. Each loan program has its own set of guidelines that must be carefully reviewed to verify that your unit qualifies for financing under that product. Factors such as the percentage of the condo's value being borrowed, the number of vacant units, whether units can be rented, and information about the common areas may be analyzed.
Request A Quote For Current Condo Refinance Rates
If the rate on your mortgage is higher than today's low rates you could be paying more than you need to every month. American Financial Resources offers several condo refinance programs to allow you to keep costs low or take advantage of the equity in your home with a cash out refinance. To learn more or for a rate quote just give us a call at 800-316-9508. You can also submit a rate quote request or get started online and we will get back to you shortly. Thank you for considering American Financial Resources for your condo financing needs.