Category Archives: FHA Loans and Certification

MUST THE TENANT RATIO IN AN HOA BE DISCLOSED TO A LENDER?

Here is a question sent to me about disclosures when a sale occurs in an HOA. “Escrow Sales HOA Demand Requests. During one of the seminars at the CACM Convention, one of the speakers (an association manager from Northern California) suggested management companies should not provide information about a condo to the lenders.  In particular [...]

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What Say You About the Ability (or Not) to Get Financing of Unit in A High Rental Percentage HOA Property?

Hello out there lenders. I need feedback. A reader send me an email after reading the article on my website about Lease Limitation Restrictions (are they legal in California). She questions my assertions that the lending pool shrinks when the owner occupancy ratio sinks, because of the secondary mortgage market guidelines limit or restrict purchase [...]

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