Phone: 317-844-2250
Indianapolis Condo Financing
The Indianapolis condo market is hot! In the last year alone dozens of new condo developments have been announced or completed in Central Indiana. Whether you’re a developer looking for an Indianapolis condo mortgage partner or a homeowner looking for condominium financing, Langdon Mortgage can help.
LMC has achieved a level of experience and expertise in Indianapolis condominium lending that far exceeds our competitors. Whether the condominium is a new residence, a rental or a second home, we provide financing. We can even close new condominium loans 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.
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Indianapolis New 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 mortgage approval; interest-only payment option; stated income verified assets option; pre-sales waived; no declarations, budgets or by-laws required; and limited review is available on all Fannie Mae products.
Requirements: construction of legal phase must be complete and must be run through DU or LP and receive an Approve or Accept Response. (*Second homes available for limited review up to 90% CLTV for Freddie Mac loans and 75% for Fannie Mae.)
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 condominium loan process, interest rates or Langdon Mortgage, call us or complete our FREE Mortgage Consultation or Contact Us forms.
Contact our trained professionals today!
Indianapolis New Condo Market Preferred Partners
Harbour Town is located north of Indianapolis on Morse Lake. The condo project offers luxury and carefree living lakeside. These new condominiums offer a relaxing water view along with exciting water sports options—boating, fishing and jet skiing.
Lawton Loop Condominiums are located in Lawrence on Indianapolis’ northeast side. The condos are a mix of modern convenience and historic turn-of-the-century charm. The buildings are located at the former Ft. Benjamin Harrison U.S. Army facility. Each unit was painstakingly renovated to maintain historic integrity.
Old Northside Lofts, are condo units located in downtown Indianapolis between the Old Northside and Herron Morton. From the tumbled marble backsplashes and stainless steel hoods in the kitchens to the finest quality carpet and fixtures to gleaming hardwoods, you’ll enjoy modern luxuries in the heart of this historic neighborhood.
Renaissance Bay is tucked into a private waterfront setting only minutes from shopping, dining, commerce and the interstate – and an easy drive to the Fashion Mall, Broad Ripple, Nora or downtown Indianapolis. It is destined to become one of the most prestigious addresses on the north side. Offering both townhomes and one-level stacked flats, Renaissance Bay’s 15 different floorplans offer something for everyone.
