Homeownership is Possible!
Funds for the 2025 Downpayment Plus grant program through the Federal Home Loan Bank Chicago are now available, and NEBAT can help you determine eligibility. Learn more.
Our team of condo lending experts will walk you through each step of the process to ensure you have a smooth transaction. Each lender is knowledgeable in condo lending requirements and will be able to provide you with the level of service you deserve.
Find the closest office listed with a specific territory.
Click the button for the territory to connect with a NEBAT Lender that specializes in Condo Loans!
Territory A: Allenton, Mayville, Waukesha, West Bend
Territory B: Cedar Grove, Chilton, Howards Grove, Sheboygan Falls
Territory C: Adell, Elkhart Lake, Marytown, Mt. Calvary
Territory D: Brownsville, Campbellsport, Eden
Territory E: Fond du Lac
Territory F: Brandon, Rosendale, Waupun
Territory G: Beaver Dam, Coloma, Dalton, Kingston, Montello, Pardeeville, Princeton, Randolph, Westfield
Beaver Dam, Coloma, Dalton, Kingston, Montello, Pardeeville, Princeton, Randolph, Westfield
A condominium, or “condo” for short, is typically a more affordable and lower-maintenance alternative to a single-family home. Located within communities of other units, condos are privately owned, but owners share common areas. A key selling point of a condo is that the owner generally only has to take care of the interior of their unit, while a property management company handles the rest.
Condo financing is generally similar to financing a single-family home. The major difference is that condo lending involves a few extra steps and additional paperwork than a typical mortgage. Your lender will not only underwrite you as a borrower but will also underwrite the condo project to make sure it meets specific guidelines.