Our clients say it best...
"Two years ago I purchased six rental properties. At the time, I wasn't able to put 20% down, so the loan terms were not the most favorable. Finworth helped me use the equity in the properties to restructure all of my debt with low cost, fixed rate mortgages. They looked at every side of a complicated picture and designed an elegant and simple solution. Now, I'm able to cash flow from rents."
P.Z. – Franklin, TN
CONDOMINIUM LENDING
Many urban centers in the Southeast have seen an explosion of multi family development. From high rises in the Florida panhandle to developments in downtown Nashville, condominium lending has taken some banks and mortgage companies by surprise. Differences in the loan process for condos require a different approach. Among other things, condominium lending may require that we obtain condo questionnaires, coordinate with the association for copies of by-laws or proof of insurance, or interfacing with the title attorney and agent to evaluate whether a parking space is on the deed.
Many Finworth clients have made the move to buy a second home or investment property in a new condo development; more still are making a choice to live in a downtown condo full time. Over the years, we’ve worked hard to cultivate deep relationships with our lending outlets to make certain we have the best multi family programs available.
At Finworth, we manage the details and make sure the process does not overwhelm the goal.
