On April 20, 2010, Marina Blue received a letter from Fannie Mae stating that the building has been accepted under Fannie Mae’s Special Approval Designation for twelve months. Qualified buyers will now be able to obtain financing using a Fannie Mae conventional loan.
Potential buyers may want to take a look at unit 2203 at Marina [...]
Entries Tagged as 'mortgage news'
Marina Blue Receives Fannie Mae Approval
April 22nd, 2010 · 14 Comments
Tags: Downtown Miami Condos · Luxury Condo · Marina Blue · Miami condo news · Miami condos · Miami real estate · mortgage news
The Mark on Brickell Granted Special Approval Designation by Fannie Mae
April 16th, 2010 · 10 Comments
I was notified earlier this week that The Mark on Brickell was granted the Special Approval Designation by Fannie Mae. This news hasn’t been disclosed on the Fannie Mae website yet but the information has been confirmed. It should appear on the site this upcoming Monday when their next update is released. It will now [...]
Tags: Brickell Condos · Miami condos · Miami real estate · The Mark on Brickell · mortgage news
1800 Club and Neo Vertika Now FHA Approved
April 7th, 2010 · 73 Comments
This news came across my desk yesterday afternoon and I was quite surprised. I verified the information on the U.S. Department of Housing and Urban Development (HUD) website. It appears that Neo Vertika received its FHA approval on February 2, 2010 and 1800 Club received theirs on March 18, 2010. Down payment requirements for qualified [...]
Tags: 1800 Club · Miami condos · Neo Vertika · mortgage news
Fannie Mae Special Approval Designation – Updated
January 18th, 2010 · No Comments
Fannie Mae has updated its list of condo buildings which have received the Special Approval Designation. The special designation makes it possible to obtain financing for condos in these buildings. The following three well known developments have been added to the list:
Harbour House
Isola
Neo Vertika
A complete list of condo developments in Miami-Dade County given the Special [...]
Tags: Isola · Miami condos · Neo Vertika · mortgage news
Fannie Mae to Reassess Lending Guidelines for Florida Condo Projects
January 7th, 2010 · 15 Comments
About a year ago, Fannie Mae implemented strict lending guidelines that effectively put the lights out on the Florida condo market. In particular, these stringent guidelines made it next to impossible for buyers to obtain financing in the vast majority of condo developments in South Florida.
Earlier this afternoon, Fannie Mae made the announcement that it [...]
Tags: Miami condo news · Miami condos · mortgage news
