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We might have scared them all off.
I have a lender that has this program for over a year. BOA is just now getting on board. The program is called "Conventional 97" which is a Fannie Mae product and can be used for all 1-unit properties, which include townhouses and condos
Tony and Suzanne Marri...
Call your local BOA office. This looks like an excellent program for first time home buyers.
there is not an agent in my office who gets excited about a BOA pre approval letter....and their listing owners won't take a deal unless there's another lender ....
Hard to believe no BOA loan officers on AR, if i was one, look at all this business just waiting for them....
Thanks for the link.
Interesting question and will be looking to see it get answered.
Rarely does anyone stump this group... surely an answer will come....
This is an interesting question.
I'll be watching this to see if a loan officer confirms that condos qualify. I'm glad to see movement in legislation to ease the loan restrictions for condo units. Much needed relief for these owners and buyers!
Following. I hope this new program can help many buyers qualify for financing.
I have not seen any.
Good luck I can't even get one to call me.
parked and reading