Condominium Mortgages | Warrantable vs Non-Warrantable
This blog will cover what a condotel is and how condominium mortgages work. Condominium mortgages is a non-conforming portfolio loan. Condotels are classified as non-warrantable condos. A condotel unit is a private condominium unit inside a hotel that an individual and entity owns. Condotel Units, also known as Condo-Hotel, have been very popular from the…