Full-Limited-Non Warrantable Condo Mortgage Lenders

Florida Limited And Full Review Condo List

Warrantable and Non-Warrantable Florida Condo Lenders Serving All Florida. Florida Condominiums have their challenges, Florida mortgage lenders need to take a closer look at the viability of the project, including the condo questionnaire and condo budget before they will lend on it. This is where two types of reviews come into play: the Limited Condo Review and the Full Review process.  A Limited Condo Review is a streamlined program offered by Fannie Mae & Freddie Mac for loans categorized as lower risk. Condominiums underwritten under the Limited Review program are several times MORE LIKELY TO BE APPROVED than those submitted under the Full Review program.

5% Down Full Review – Condos qualify for a minimum down payment of 5%.

10% Down Limited Review + Piggyback Second Loan – 75% first mortgage, 15% HELOC, and a 10% D.P

10% – 20% Down Non-warrantable condos – Subject to lender’s final approval.

25% Down Limited Review – Condos qualify for a minimum down payment of 25%.minimum down payment of 25%.

All options are subject to the lender’s final approval. It is always a good idea to get the condo questionnaire and budget first before we order the appraisal to make sure the condo meets the requirements. 

All Condos are subject to recertification. While a project indicated on the Approved Florida Condo List may not guarantee full approval for your loan, the accessibility to information from previously approved projects provides for a smoother, faster review. And to give yourself an edge with a prospective Florida condo approval process. The Approved Condo List can be used to check for condo projects in your area, further allowing you to promote the time and cost savings.  For the most accurate results, ensure the county and ZIP code of the approved project search matches the project information on the loan being submitted. All information is subject to change without notice.  Last Refreshed: 3/24/2025 7:50:26 AM