There’s a new challenge facing Florida condo buyers: updated lending rules now require condo associations to undergo full financial reviews and maintain higher reserves. This means getting a conventional loan for a condo isn’t as straightforward as it used to be—especially here in Florida, where condo living is in high demand. As a REALTOR® in Northeast Florida, I’ve seen how these changes can steer buyers toward portfolio and non-qualified mortgage lenders, even when there’s clear enthusiasm for the condo lifestyle. My job is to break down these shifts in plain English and help you navigate the process confidently, so you can make informed decisions without surprises. If you’re thinking about a condo, it’s more important than ever to have someone on your side who understands the local market and can guide you through the new landscape—calmly and clearly.
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