WHAT ARE CONDOTELS?

I frequently receive emails from lenders promoting financing options for condotels. Recently, I had the opportunity to discuss condotels with Kathleen Kaylor from Luxury Mortgage during our office meeting.

A brief video is available at this link on my YouTube channel.

Condotels are a type of property commonly found in resort areas, such as Squaw Valley. Although I don’t recall securing mortgages for condotels specifically, our discussion shed light on these unique properties and their financing options.

We also explored what makes a condominium “non-warrantable” and the exemptions offered by lenders like Luxury Mortgage.

For personalized assistance, call me: (415) 225-7920, or send me an email to: [email protected]

Best wishes,

Manny Kagan,
President,
Pacific Bay Financial Corporation
Your professional mortgage broker since 1983

NMLS #205637
DRE #00874630