Phone: 317-844-2250
Condominium Financing
LMC has achieved a level of experience and expertise in condominium lending
that far exceeds our competitors. Whether the condominium is to become your new
residence, a rental or a second home, we can provide financing for the first
unit sold to the last. We are even able to close your condominium loan before
construction is completed! LMC's streamlined process coupled with our ability to
close and fund loans internally, provides shorter timelines, reduced closing
costs and better interest rates.
Visit our Preferred Condominium Developments page and get acquainted with some
premier condominium projects and additional LMC special offers!
Condominium Limited Project Review up to 100% CLTV
Limited review is now available on primary residence condominiums* up to a 100%
CLTV if loan receives an "Approve" response from Desktop Underwriter (DU) or an
"Accept" from Loan Prospector (LP).
Additional highlights:
- Immediate condo approval.
- Interest-only payment option.
- Stated Income Verified Assets option.
- Pre-sales waived.
- No declarations, budgets or by laws required.
- Limited review is available on all Fannie Mae products.
- Construction of legal phase must be complete.
- Must be run through DU or LP and receive an Approve or Accept Response
Apply online by completing our Quick Loan Application or call us locally (317.844.2250) or toll-free (866.844.2250) to apply over the phone. If you prefer, one of our Mortgage Consultants will gladly meet you in our office or at a convenient time and place of your choosing. If you simply have questions regarding the loan process, interest rates or Langdon Mortgage, call us or complete our FREE Mortgage Consultation or Contact Us forms.
