Financing on Goose Creek Condominiums is permitted under Fannie Mae's limited review process. This process is based on a borrower receiving an approval through Fannie Mae's automated underwriting system (DO/DU). This approval must state that the lender will allow the condo project to be considered as "limited review". This process entails the lender verifying that the project is 100% complete and that there are no pending litigations. Goose Creek Condominiums is defined under Fannie Mae's guidelines as an "eligible project".

In order to attain the "limited review" status through Fannie Mae's automated underwriting, the following down payment/loan to value requirements are necessary:

Primary residence: a minimum of 10% down payment / 10% owner carry / 80% financing.
Secondary residence: a minimum of 25% down/loan to value of 75% is required.

If the Buyers income is lower than $60,000 per year, a 3% purchase option may also be available at competitive rates.

For details about partial owner financing, please contact Peter Stainton at (303) 807-5526.