Non-Warrantable Condo
A condo that fails one or more Fannie/Freddie eligibility rules. Conventional lenders typically refuse; DSCR programs accept non-warrantable condos at 75% max LTV with a small pricing premium.
Why it matters on a DSCR loan
Investors often discover a condo is non-warrantable only after the lender's HOA questionnaire comes back mid-escrow — ordering that questionnaire early is the single best way to avoid a blown closing timeline. High investor concentration, pending litigation, or one entity owning too many units are frequent triggers, and none of them are visible from the listing. DSCR programs like those at DSCR Capital Partners can still finance these units, but budget for the slightly reduced LTV and pricing premium when you run the deal.
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DSCR Calculator Get a QuoteReviewed by Arin Baghermian, Broker Owner — NMLS #1220456 · Last reviewed July 2, 2026 · DSCR Capital Partners is a brand of UTM Financial, LLC (NMLS #2591548).