How Does a Condo Mortgage Work?: A Complete Guide for Buyers
Purchasing a condominium provides a unique combination of owning and communal living. Condo mortgages can strike the perfect mix between the freedom of owning a house and the ease of shared facilities and maintenance. However, Condo financing in Florida can be more complicated than financing a single-family home. Here, we will discuss the basics of […]
Condo Approval Status Lost? Here’s What You Need to Do
It might be a worrying development if your condo association’s FHA approval status changes. The FHA clearance offers present residents financial alternatives in addition to providing some stability for prospective buyers. But events may occur that lead to this approval being revoked, which would make locals wonder what should be done next. Understanding the Implications […]
What to Look for in a Mortgage Lending Company in Florida
A home loan is one of the biggest financial commitments you’ll ever take on during the course of your life. You should choose the mortgage lender you work with carefully, as the decision will help shape your financial life for many years to come. Here are five things you should look for in any company […]
How to Get a Home Loan When You’re Self-Employed
Many of the financial systems in this country aren’t necessarily built for self-employed individuals. Many of them rely on the idea that most people receive a regular paycheck from their employer. Nevertheless, it is possible to buy a house as a self-employed individual. You just have to take a few steps that more traditionally employed […]
What Makes a Condo Warrantable vs. Non-Warrantable?
Condo home loans: The Doce Group has mortgage options if you are buying a warrantable condo, or even a non-warrantable condo. But what’s the difference? Considering a condo? Start your pre-approval here. When you’re in the market for a condo, there are additional things to keep track of during the mortgage process, on top of […]
Understand the Pros and Cons of Buying a Condo Before You Decide Which Type of Property Is Right for You
There are many pros and cons of buying a condo. Deciding whether to buy a condo or another type of property comes down to your lifestyle, preferences and budget. We break down the different factors to help you decide. Considering a condo? Start your pre-approval here. What is a condo? Condos are single units within […]
Townhouse vs Condo: What’s the Difference?
This article explores the differences between owning and buying a townhouse vs a condo vs a single-family home. There are many advantages to opting for a townhouse and condo living over a standard, single-family house. Chief among them is cost – townhouses and condos tend to have lower list prices (not to mention less maintenance) […]
Purchasing a Condo or Townhome
Townhomes and condominiums can offer homeowners many benefits, including convenience and lower maintenance, but purchasing this type of home can also present challenges, particularly when dealing with condo mortgage loans. Due to the way condos and townhomes are categorized by mortgage lenders, they often have mortgage requirements that are more stringent than those of a […]
