Ask Matt / Condos & Townhomes

Can you get a regular mortgage on a condo?

A straight answer from Matt Watson, Dallas broker. Then two or three related questions worth reading next.

Not always. A building can fail conventional financing because too many units are investor-owned, the HOA is in litigation, or the reserves are too thin. That is why I check a building's financing eligibility before a client falls in love with a unit. Falling in love first, then discovering the building will not finance, is the pain I save people.

Still Have a Question?

Talk soon!


If this answer raised another question, call or email me directly. You get me, not a team or a call center.

Schedule a Call