Motel to condo conversion mortgages - Posted by Carl

Posted by James Harris on October 31, 2008 at 07:30:37:

with th e20% and 750+ credit scores, you shouldn’t have any problems or at least not much.

Motel to condo conversion mortgages - Posted by Carl

Posted by Carl on October 30, 2008 at 07:25:53:

Someone I work with just told me that mortgage lenders are
not giving out money on motel to condo conversions anymore.

I have 20% down 750+ FICO.

Will I be able to get a loan on a condo that is a converted
motel?

Re: Motel to condo conversion mortgages - Posted by Joe

Posted by Joe on November 04, 2008 at 20:31:27:

You’re better off converting to rentals (apartments) than condo.