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In The Newspapers

Mortgage to buy condo easier to get

By Polyana da Costa • Bankrate.com

You may have heard that it is extremely difficult to get approved for a mortgage to buy or refinance a condominium. That was the case for several years after the housing market crashed, but lenders finally have loosened the rules on condo financing.

Borrowers seeking to get a condo loan these days will find more lenders to choose from and more condominiums that are eligible for

Condo owner ambushed by shift to rental

I bought a condo in 2006 at the market peak, and I’m current on everything. But the complex went bankrupt and was bought by a group that’s now converting to apartments; they’ve assumed over 80 percent ownership now. However, I still owe much more on my loan than the group is offering for my unit, so it looks like I’m going to owe the lender $50,000. How can I bring