Why Can't Anyone Get a Loan to Buy in My California HOA?
About this episode
Michael Kushner discusses the challenges of obtaining loans for properties in California HOAs due to Fannie Mae and Freddie Mac regulations.
You finally found a buyer for your condo. Great credit, healthy down payment, deal practically done, and then the loan falls apart, and it has nothing to do with your buyer. It has everything to do with how Fannie Mae and Freddie Mac see your HOA. In this episode, attorney Michael Kushner, a pioneer in homeowner-side HOA law in California, breaks down the "Unavailable" and "Not Eligible" flags that can quietly make an entire community impossible to finance, why almost no one sees it coming, a...
People in this episode
Host: Michael Kushner
Topics covered
- HOA financing
- real estate
- homeowner law
- California
- loan eligibility
Keywords
- HOA
- loan
- California
- Fannie Mae
- Freddie Mac
- real estate
- financing
- homeowner association
Mentioned in this episode
Organizations: Fannie Mae, Freddie Mac
Places: California
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