We have a fresh new look and feel!
On February 5, our redesigned website launched. Although you will see a new look, it is still the same trusted site and service that National Exchange Bank & Trust offers.
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.