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Tell us about the property
Give us the building, property and unit information so we know exactly which condo you're considering.
Condo approval review
Is your condo
approved with us?
Before you move forward, let our mortgage team review the building. Send us the HOA budget and master insurance policy, and we’ll help determine whether the condo meets our lending guidelines.
- Realtor & buyer friendly
- Secure document submission
- Response within 1 business day
Simple. Secure. Straightforward.
Get clarity before you commit.
Condo financing can involve additional building requirements. Send us the available documents and our team will review the property so you can move forward with greater confidence.
02
Upload the documents
Send the HOA budget and master insurance policy. You can add up to two additional documents if needed.
03
We'll review it
Our team will review the building and get back to you within one business day.
Start your review
Check your condo with us
Complete the information below and upload the available building documents. We'll take it from there.
Condo project review
What a condo project review actually checks
A condo review examines the building and its association, not just the borrower. A borrower can be ready to move forward while the selected loan program still requires more information about the project.
The review can include the association’s budget and reserve planning, master insurance coverage, owner-occupancy and investor concentration, delinquent association dues, litigation, and any ongoing structural work or special assessments. It can also include project questionnaires, meeting minutes, reserve studies, inspection reports, and documents from the association or management company.
An early document review can identify questions before you rely on a lender’s initial financing conversation.
Financial health
Budget allocations, reserve planning, delinquent assessments, and the association's ability to fund expected work can be relevant.
Insurance
Master policy declarations help the lender understand coverage for the building and common elements.
Project makeup
Owner occupancy, investor concentration, commercial use, and association structure can affect the applicable review.
Building condition
Owner occupancy, investor concentration, commercial use, and association structure caaInspection findings, structural work, litigation, and special assessments can prompt additional questions.n affect the applicable review.
Conventional project standards
Warrantable and non-warrantable: what the words mean
A warrantable condo project is one that meets the current project requirements for a conventional agency loan path. Those requirements are applied to the project as a whole, and the lender still evaluates the borrower, transaction, and individual unit. Read more about conventional loans when comparing the overall financing framework.
A non-warrantable project does not meet one or more of those requirements, or the available documents do not allow the lender to confirm that it does. That label does not mean the unit cannot be financed. It means the buyer may need a different loan type and a more specific property review.
Tailored Loan Solutions
Financing that fits your lifestyle
Florida’s milestone-inspection and structural integrity reserve study requirements have made building condition, repair planning, and reserve funding more visible in many condominium files. The requirements apply according to the building and association’s circumstances. Their documents can reveal whether a project has inspection findings, planned repairs, or funding questions that need to be understood before financing can be evaluated.
At the same time, agency project review standards require lenders to assess information about critical repairs, safety, project finances, insurance, and special assessments. A building may need additional documentation even when the buyer’s credit and income are otherwise suitable. The question is not whether a building is good or bad in the abstract. The question is whether the current documents support the selected financing path.
Alternative financing paths
What happens if the building does not meet agency guidelines
If a project does not fit the selected conventional agency guidelines, the next step is to understand why and whether another lender or program can evaluate the scenario. Portfolio and non-QM lending exist for situations that do not fit a standard conventional delivery path. Their availability, terms, documentation, and property requirements differ by lender.
Buyers of higher-value properties may also need to compare a jumbo loan path. International buyers should review the documentation and ownership considerations on the foreign national loans page. Neither path guarantees a result, and every building requires current review.
Prepare your request
What to send for a condo review
Send the information you already have. The form near the top of this page asks for the same core documents, so your request and review file stay aligned.
HOA budget
Master insurance policy declarations
Association questionnaire, if available
Recent special-assessment notices, if any
Building address and unit number
Set clear expectations
What the review tells you, and how fast
A condo review helps identify what the available building records show, what questions may need follow-up, and whether a particular financing path needs more documentation. It is not a final loan approval, property inspection, legal opinion, or guarantee that a lender will accept the project.
Mortgage By Julia will respond to your request within 1 business day. If more information is needed, that response can help you focus on the next documents to request from the association, management company, seller, or lender.
Clear answers
Frequently asked questions
What does it mean if a condo is non-warrantable?
A non-warrantable condo is in a project that does not meet, or cannot yet document compliance with, the guidelines required for a particular conventional loan path. It does not mean the unit cannot be purchased or financed. It means the lender must evaluate another financing path and the building’s current facts.
Can I still get a mortgage on a non-warrantable condo in Florida?
Yes, a non-warrantable condo may still have a mortgage path in Florida through a lender whose program permits the project and borrower scenario. Portfolio and non-QM options can be considered when appropriate. Availability, property eligibility, documentation, and terms vary by lender and must be reviewed for the specific building and transaction.
What documents do you need to review my condo building?
A useful condo review begins with the building address and unit number, HOA budget, master insurance policy declarations, and association questionnaire if available. Recent assessment notices, meeting minutes, reserve studies, and inspection or engineering reports can also help clarify the project when they are available.
How long does a condo project review take?
Mortgage By Julia responds to a condo review request within 1 business day. A complete lender project determination can take longer because it depends on the documents available, association or management-company responses, the loan program, and whether follow-up questions about the building are needed.
Does a special assessment stop me from getting a mortgage?
No, a special assessment does not automatically stop financing. The lender reviews why it exists, whether it relates to critical repairs, its status, and the available project documentation. An unresolved building condition or incomplete information can affect the financing path, so submit the assessment notice early.
Why did my lender decline the building and not me?
A lender can decline the building when the project does not fit the selected program’s current project standards, even if the borrower qualifies individually. Condo lending includes a separate review of the association, insurance, finances, documents, repairs, and project marketability in addition to the review of the borrower and unit.
Do condo project rules differ between Miami-Dade and Broward?
Agency project standards are not generally based on whether a building is in Miami-Dade or Broward. However, local inspection, recertification, permitting, and insurance circumstances can affect the documents available for a project review. The building’s current facts, not just its county, guide the financing discussion.
Can you review a building before I make an offer?
Yes, a building can be reviewed before you make an offer when relevant documents are available. An early review can identify missing information and questions for the association or lender before contract deadlines. It is not a loan approval, property inspection, or guarantee of project eligibility.
Start with the building
Ready to review a Florida condo building?
Submit the building address, unit number, and the documents you have. If you are still comparing options, you can also contact Mortgage By Julia to discuss the next practical step.
Important disclosures
Condo project review information is general educational information. It is not a loan approval, commitment to lend, project eligibility determination, property inspection, legal opinion, or guarantee of terms. Program availability, requirements, and project eligibility are subject to lender review and can change.
Equal Housing Opportunity. Julia Zhguleva, Individual NMLS #684117, is authorized to represent PMF, Inc., NMLS #1980. NMLS Consumer Access