Wells Fargo denies condo buyer because association lacks fidelity insurance

Resource Topic: 
Maintenance & Insurance
By: Loura K. Sanchez

"Back in the day" it was easy to get a loan if you had a credit score of 800, if you had a banking relationship, and had 20% down.  In today's world that might not be enough.  As this complaint shows, lenders are scrutinizing condominium association finances and financial protections.  Read our full blog post.