Yes - condos in New York are financeable through Conventional, FHA, or VA if the project meets the program criteria. Warrantable Conventional is the most common path; FHA and VA each require the specific condo project to be on the approved list (or get added via Single-Unit Approval for FHA).

A condo project in New York that meets Fannie Mae/Freddie Mac criteria: adequate owner-occupancy ratio, no single-entity concentration, sufficient reserves, no major litigation, and project completion. New York has many warrantable projects; some older HOAs or investor-heavy buildings may not qualify.

Slightly. Conventional condo loans typically take a 0.25 to 0.75 fee adjustment at higher LTVs (especially above 75%). The adjustment shrinks below 75% LTV. FHA and VA do not penalize condos beyond approved project status.

FHA offers Single-Unit Approval - your lender can apply for approval of just your unit if the project as a whole is not on the list. This works for many newer condos in tourist-heavy or coastal ${state.name} markets where the project may not have gone through full FHA approval.

Less common than in resort markets. Most New York condo projects in primary residential neighborhoods are warrantable. Investor-heavy or litigation-affected projects can be non-warrantable; portfolio financing is available for those.

Yes - on qualifying fixed-rate Conventional Conforming, FHA, and VA condo loans of $200,000+ in New York. Non-warrantable condos financed through portfolio products are excluded.