Condo inventory property

Condo refers to condominium units, which are registered separately (stratified) and available for sale individually. Retail, office and industrial properties can also fall under this definition.

In the vast majority of cases, borrowers secure loans for the entire condominium property. However, there are times where a condo inventory loan makes sense. With a condo inventory loan, the borrower pays the loan down as individual units are sold.

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