Case Studies

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Non-QMOwner-OccupiedCondoVA

Non-Warrantable Condo in Arlington: Closed With Alternative Documentation

HOA litigation + budget issues? We navigated a non-warrantable condo with a Non-QM path.

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$388,000

Loan Amount

30 days

Clear-to-Close

Arlington, Virginia

Location

Condo

Property Type

Non-Warrantable Condo Win in Arlington, VA

Conventional hit a wall due to litigation; pivoted to alt-doc with strong reserves.

The Challenges

  • Condo flagged non-warrantable (litigation + low reserves)
  • Conventional ineligible

The Playbook

  1. Verified non-warrantable triggers with HOA docs
  2. Pivoted to Non-QM path leveraging strong assets and reserves
  3. Coordinated condo questionnaire + master insurance early
  4. Managed expectations on document needs and timeline

Outcome

  • Approved and closed with a clean file
  • Buyer secured the building and location they wanted

Coach's Tips

  • Ask your agent for condo docs early
  • Have a Plan B if the building is non-warrantable
  • Reserves matter on alternative paths

Download PDF: Non-Warrantable Condo in Arlington: Closed With Alternative Documentation

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