Association finances
Ask for the current budget, financial statements, reserve information, assessments, and any available reserve study. Requirements vary by loan and project.
Condo financing can depend on borrower eligibility and project information. Requesting association documents early can surface questions about budgets, reserves, insurance, assessments, repairs, litigation, occupancy, and governing documents before they become late-stage surprises.
Insurance questions
Review the master policy, deductibles, coverage limits, fidelity or liability information, and possible unit-owner coverage with the lender and insurance professionals.
Property condition
Identify major repairs, deferred maintenance, safety concerns, inspections, special assessments, and related association communications.
Project profile
Occupancy, ownership concentration, commercial space, litigation, rental restrictions, and governing documents may prompt additional review.
Start with a personal planning conversation.
Share your goals, property, and timing with Brenda before narrowing the financing path.
Sources and related resources
Questions or corrections: [email protected]