Fidelity Home Group is here to help you find financing for your condo purchase or refinance that’s best for you—whether you’re just starting out, tired of renting or buying a property in Orlando, Florida. With free pre-approvals, you can search for your new home knowing all of your options, and our selection of specialty loan programs and in-house mortgage experts means your home loan is personalized to your individual needs and budget. 

Fidelity Home Group offers mortgages for condo properties that do not qualify under today’s traditional conforming mortgage guidelines [ Warrantable ]. These mortgages are unique for Non-Warrantable, Coop and Condotel condo property types. The mortgages are for these condo developments are commonly utilized as second homes or investment properties and require a larger down payment. 

Warrantable condos allow the homebuyer to finance using a conventional mortgage, after having been approved under a set of guidelines set by government-sponsored enterprises Fannie Mae and Freddie Mac. Our Mortgage Experts can check to see if your condo development is currently available for a conventional mortgage. 

The Debt Service Coverage Ratio [ DSCR ] uses the ratio of the condo unit’s annual net operating income and its annual mortgage debt, including principal and interest. We use the DSCR to analyze how much of a loan can be supported by the income coming from the property as well as to determine how much income coverage there will be at a specific loan amount. The DSCR Program is only available for Investment Properties only.