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For true loft and condo living, it doesn’t get any better than the Minneapolis/St.Paul Metro. There has been a boom of new housing centered around the convenience of urban living as well as impressive renovations of riverfront factories and historic brownstones.
LEADERONE – THE CONDO LOAN EXPERTS!
At LeaderOne, we’re ready to help with any Minneapolis/St. Paul loft or condo transaction. Our loan consultants are condo loan experts. They understand the ins and outs of obtaining condominium mortgages in the Twin Cities. Many of our loan consultants live in lofts & condos and serve as the perfect guide through your transaction.
WE CAN HELP YOU JUMP THROUGH HOOPS.
There are a few additional hoops you will need to jump through to finance your condo purchase, or to refinance your existing condo home loan, including obtaining a “condo questionnaire”, or form outlining information about the building that is important to the lender. The lender will want to know how many of the units are occupied, how many are used as rental properties, how financially secure is the property owners association (which pays for the upkeep of common areas). In new properties they will want to know how close to completion the project is, including common areas. All of these details affect the value of your unit, and the likelihood of the value increasing or decreasing. Let the Loft & Condo experts at LeaderOne guide you through this process.
CALL (763) 300-6876 TO REQUEST A CONDO OR LOFT MORTGAGE QUOTE.
Whether you are purchasing a unit or refinancing a condo loan, using the home as your primary residence or a second home, have a large down payment or little money to put down, we would love to help you find the condo mortgage that is right for you. Request a quote for current condo mortgage rates by giving us a call at (763) 300-6876 to speak to a loan consultant right away!
LOOKING IN DOWNTOWN MINNEAPOLIS, LORING PARK, THE MILL DISTRICT, ELLIOT PARK, THE NORTH LOOP OR ST. PAUL? OUR EXPERTS ARE HERE TO HELP.
Condo financing options may include adjustable rate mortgage loans (ARMs). Adjustable rate mortgage loans have interest rates they may increase after consummation. Subject to credit approval and program guidelines.