For real estate agents

When the building blocks your buyer's loan.

A buyer you brought to a condo is told the project does not qualify for a conventional loan. Refer the association to us. We work with the board to find out why and what to fix.

How a referral works

Find out why

We check the usual causes: reserves, delinquencies, insurance, litigation and ownership concentration.

Talk to the board

We contact the association and explain the specific items a lender needs fixed.

Stay informed

We discuss appropriate updates with the association so you can understand the next step.

Referrals

Three steps

  1. Refer the association.

    Use the request form and choose "Real estate agent," or sign in to the agent portal.

  2. We contact the board or manager.

    We explain what we need and quote the review before any work begins.

  3. You hear what we find.

    Once the report is in, you know the cause and the likely timeline for a fix, to the extent the association can control it.

Be honest with buyers about timing.

Some fixes are quick and some take months. Commercial use may need a more involved review. We tell you which kind of problem you are looking at. Buyers who cannot wait may need a different loan type, and a lender can explain those options. Condo Consult does not make loans.

Resources

Useful for your clients

Read first

Our guide on the most common reasons condos are non-warrantable and who can fix each one.

Non-warrantable condos →

Share with the board

A one-page explanation of what a project review is and what it costs.

Condo project review →
FAQ

Questions agents ask

I am an agent. Can I refer an association?
Yes. Use the request form and choose "Real estate agent," or sign in to the agent portal. We can discuss the appropriate next step with the association.
Does a review guarantee financing?
No. The report shows how your project measures against Fannie Mae's condominium guidelines and what to fix. Whether a loan is approved depends on the lender, the borrower and the project's status when the lender completes its review.
Are you a lender, and do you make lending decisions?
No. Condo Consult is a consulting firm. We do not originate, broker or fund mortgage loans, and we do not make lending or underwriting decisions. We analyze your project against published guidelines.

Have a buyer waiting on a building?

Send us the association's name and where it is. We will discuss fit and next steps.