Condo Eligibility Reviews for Lenders
Save time and standardize your condo project reviews. Faster loan approvals, backed by warranted reports.
Standard Condo Eligibility Reviews
for Fannie & Freddie Loans
When manually reviewing condo projects, lenders face significant challenges, including handling numerous documents and managing compliance risks. This results in an error-prone process with excessive back-and-forth between the loan officer and the HOA’s board.
Yet, the eligibility reviews are critical for mortgage loan applications. They show if you can sell the loan to Freddie and Fannie.
With Condo Project Review, we help you automate your condo reviews, providing you with limited and full project reviews for each loan application. We gather and analyze all relevant condo documentation, like CC&Rs, Bylaws, Budgets, Reserve studies, condo financials, Insurance, and more.
You get a standardized condo eligibility review report, with a summary of approval/denial, so you never have to go through hundreds of pages of documents again manually.
Custom Eligibility Reviews for Private Lenders
When lending privately, your condo reviews might differ from the standard Fannie and Freddie ones.
Whether your condo review is slightly or completely different from the standard one, Rexera can help you. Our Custom Eligibility Reviews are designed to meet private lenders’ unique requirements.
Simply share your eligibility criteria and we’ll build a custom review report, gather and analyze all relevant documentation for it, and deliver the report to you, faster than any other provider.
The result is a complete condo review report, with a summary of issues affecting loan eligibility – a 100% warrantable review to help private lenders make an informed decision on a loan.
What you get
-
Eligibility report within 4 hours of document acquisition - Summary of issues affecting loan eligibility
- Customizable AI-assisted condo project review
- All states covered
- Comprehensive E&O policy
- Option to invoice you, or coordinate payment with borrower directly
- Flexible payment – monthly, in bulk, or for every file
- Flat fees
- Easily scale up or down depending on your volume
Why trust us?
- The biggest condo database nationwide
- Nationwide coverage with state-specific experts
- Dedicated account manager, always there to assist you
- Regular feedback meetings to review and optimize processes
- AI quality check
- Pay us through your preferred option
- Free order to start
This is a huge win for us – so THANK YOU for all you do!"
