Condos offer many benefits including low-maintenance home ownership, affordability, and smaller home size. Whether it's your primary residence, a second home to be used on vacations, or the home you plan on retiring to, a condo could be an excellent choice.
In many ways, financing a condo is comparable to getting a loan for a single-family detached home. However, some features specific to condominiums are reviewed during the loan process and there are a few additional steps the borrower may need to go through.
Contact Patriot Home Loans if you have any questions about a applying for a loan!
