Didn’t even know this was a thing.
My daughter’s offer was accepted (yay) but now a single entity within the entire condo complex owns more than 10% of the total units.
This situation makes it a portfolio loan or 2nd home loan BUT she doesn’t own property and her co-signer doesn’t own property AND it’s her primary residence.
My ask: what other type of loans are available to her? location property and amount details below.
Location: Hawaii Property Type: condominium Loan Type: conforming
Thanks in advance!!!