Your buyer's offer is accepted — and then the lender kills the deal with one sentence: "this building isn't warrantable." In this episode of The Approval Advantage Podcast, 28-year mortgage veteran Mike Baltazar of Barrett Financial Group (the #1 mortgage broker by volume in the U.S. for 2025) breaks down non-warrantable condo loans, and why more buildings are running into this problem than ever before.

You'll learn:

• What "warrantable" actually means, and the checklist Fannie Mae and Freddie Mac run every condo building through

• Why one building issue — high rental concentration, HOA litigation, low reserves, delinquent dues — can block every buyer in that building, not just one

• Why tightening condo and reserve rules are making more buildings non-warrantable than in years past

• How non-warrantable condo loans evaluate the deal without relying on the conventional building checklist

• How these loans still allow flexible documentation — bank statements, asset utilization, 1099, W-2, or DSCR

• What questions realtors should ask before writing an offer in a condo or townhome building

Essential listening for any realtor who works condos, HOAs, or townhome communities, and any buyer who's been told a great building "just doesn't qualify."

Learn more or connect with Mike directly at www.MikeBaltazar.com.

Topics: non-warrantable condo loan, condo financing, condo mortgage, HOA litigation mortgage, condo reserve requirements, Fannie Mae condo rules, real estate financing 2026, Barrett Financial Group, Mike Baltazar