WHAT IS A CONDO?

A condo (short for “condominium”) is a private residence owned by an individual or family in a building or community with multiple units. Although condos are usually part of a larger building, "detached condominiums" also exist. What all condos have in common is that they share common areas—such as yards, garages, rec rooms, or gyms—with other units that the condo owners don't have to maintain themselves, making home upkeep that much easier.

CONDO FINANCING IS AVAILABLE WITH THESE PROGRAMS:

• Fannie Mae & Freddie Mac Conventional

• VA for eligible military

• FHA Government

• USDA rural home loan program