Lakewood Deconversion Watch
Likely Unavailable
Fannie/Freddie financing is extremely limited or unavailable for this project.
100
/100
Risk Score
LowHigh
Issues Found (8)
- Project is on the Fannie Mae CPM Unavailable list
- Building is under deconversion or court-appointed receivership
- HOA has pending litigation — agency financing disallowed
- Master insurance policy has gaps or is absent
- Owner-occupancy is 22% — below the 50% Fannie Mae minimum
- Investor concentration is 76% — exceeds the 35% agency cap
- Reserve funding is 4% of budget — below the 10% Fannie Mae floor
- Active special assessment in place — verify amount with lender
Association Signals
Owner-Occupancy
22%
✗ Below 50% minimum
Investor Concentration
76%
✗ Exceeds 35% cap
Reserve Funding
4%
✗ Below 10% floor
CPM Status
Unavailable
✗ Unavailable
Pending Litigation
Yes
✗ Disqualifying
Master Insurance
Gaps / Absent
✗ Issue
Special Assessment
Active
~ Verify with lender
Deconversion / Receivership
Yes
✗ Disqualifying
Portfolio Lenders for IL (6)
These lenders specialize in non-warrantable and portfolio condo financing in IL. Verify programs directly before applying.
A&D Mortgage
Non-QM condos; DSCR investor loans; foreign national & bank statement programs
Visit →
Angel Oak Mortgage
Non-QM & non-warrantable condo loans; bank statement; DSCR investor programs
Visit →
Deephaven Mortgage
Non-QM condos; expanded guidelines for litigation & low-reserve buildings
Visit →
First National Bank of America
Portfolio condo loans; self-employed & non-warrantable specialist nationwide
Visit →
Verus Mortgage Capital
Portfolio non-warrantable condo financing; jumbo & DSCR investor programs
Visit →
Wintrust Mortgage
Midwest portfolio condo; low-reserve & deconversion-risk buildings considered
Visit →
Get Connected with a Lender
Enter your email and we'll help route you to a specialist who works with buildings like this one.
Data is for informational purposes only. Always verify warrantability with your lender before closing.
← Back to Browse