coinsurance problem when applying mortgage for a condo - 未名空间MITBBS历史存档

国际科技财经博客移民网络热点娱乐民生时事公众号

Redian新闻

>未名空间

>Living

coinsurance problem when applying mortgage for a condo

coinsurance problem when applying mortgage for a condo# Living

d*e2014-07-25 07:07

1 楼

Job Description
We are looking for Junior Python, Scala Developers or C# .Net Developers for
long term contract role for our clients. Please note these jobs are for
consulting roles only.
Local to New Jersey area are preferred
1 to 2 Years of experience profiles will be given preference
OPT Students are encouraged to apply as well - H1 sponsorship for qualified
Candidate
Required Experiences
Java - 1 Year
or
Python 1 Year
or
Scala 1 Year
or
C#.Net 1 Year
Required Educations:
Bacehlor or Master
Contact : Dev
Cell # 732 956 6028
Email : [email protected]/* */

M*r2014-07-25 07:07

2 楼

Buying a condo in FL, applied a conventional loan from BOA, failed.
loan agent said the condo HOA is using 'coinsurance' for the master
insurance police, and HOA doesn't have sufficient funding to cover hazard.
Seemingly it's common for condos.
Is there any suggestions for financing? Is higher down payment helping? Or
other type of loans?
Thx.

R*12014-07-25 07:07

3 楼

您买的这个condo是投资房吧。银行对Florida的投资condo审核是比较严格的，主要受
次贷的影响（佛州有很多烂尾楼）.这个HOA insurance应该是coverage不够。另外，
HOA的“no sufficient funding”应该就是指这个HOA的budget里面的reserve不到
budget总数的10%。
这两个伤是比较硬的。除非HOA能马上调整insurance coverage和reserve amount。

【在 M*******r 的大作中提到】

: Buying a condo in FL, applied a conventional loan from BOA, failed.
: loan agent said the condo HOA is using 'coinsurance' for the master
: insurance police, and HOA doesn't have sufficient funding to cover hazard.
: Seemingly it's common for condos.
: Is there any suggestions for financing? Is higher down payment helping? Or
: other type of loans?
: Thx.