Tighter Rules May Hurt Condo Lending in Vacation Areas

If you’re having a problem getting a loan on a vacation property, I can put you in contact with lenders that are still lending despite the tighter rules.


Fannie and Freddie will no longer fund condo loans in high-rent vacation areas. Bankers say entire complexes, even with few rentals, may be ineligible for financing.

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source https://www.floridarealtors.org/news-media/news-articles/2021/01/tighter-rules-may-hurt-condo-lending-vacation-areas