Zillow Advice: Approval Process - Loan application denied due to HOA litigation - my options? http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ Zillow Advice | Zillow Real Estate That's the best post I've ... http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ That's the best post I've read all day. Thu, 15 May 2014 15:54:00 GMT http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ 2014-05-15T15:54:00Z Probably the best thing to ... http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ Probably the best thing to do is to look at the date the question was asked. Thu, 15 May 2014 15:26:00 GMT http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ 2014-05-15T15:26:00Z hi, its up to the lender ... http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ hi, its up to the lender to decide to lend or not once it performs its analysis...some lenders will lend on condos with litigation but it depends on the specifics of the litigation...$Good Luck$ Flavio Tejada Thu, 15 May 2014 15:05:00 GMT http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ 2014-05-15T15:05:00Z A good resource for HOA related ... http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ A good resource for HOA related topics - Check out <a href="http://www.hoamemberservices.com" rel="nofollow">www.hoamemberservices.com</a> Tue, 13 May 2014 23:39:00 GMT http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ 2014-05-13T23:39:00Z You should look into your ... http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ You should look into your Master Deed or get a lawyer to do it. We are going through a similar situation so I read my Master Deed and found that the Associate never took a vote of the home owners to include the HOA in litigation. We got a lawyer, and the HOA is about to be thrown out of the litigation which will enable owners to refinance, sell, etc. Sat, 01 Mar 2014 22:29:00 GMT http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ 2014-03-01T22:29:00Z Loans on condos and sfr's ... http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ Loans on condos and sfr's with pending HOA litigation are readily avaialble.&nbsp; Just google Hoa Litigation Condo Loans and you will find info.&nbsp; We funded over 10 mil worth of them last year.&nbsp; Sat, 05 Oct 2013 18:55:00 GMT http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ 2013-10-05T18:55:00Z As an appraiser, we have ... http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ As an appraiser, we have to call the HOA and find out if there is any litigation against the HOA from anyone. Then we state it in the appraisal. EVERY lender requires this&nbsp; This appies to both refi-s and purchase loans. If we don't state it, they kick it back until we find out the info. <br/><br/>But at this point, its in underwriting that I suppose the decision is made whether to fund or not. <br/><br/>Remember its the lenders money and they can really do whatever they want with it..... Wed, 31 Jul 2013 06:12:00 GMT http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ 2013-07-31T06:12:00Z user0752623,You can find ... http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ user0752623,<br/><br/>You can find financing for your situation. Please post what state you are in for assistance. Wed, 31 Jul 2013 04:33:00 GMT http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ 2013-07-31T04:33:00Z How about this ... the HOA ... http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ How about this ... the HOA is suing the builder, supposedly all repairs were made and paid for and the HOA is suing for punitive damages, has over $1m in reserve and the attorney is on contingency. Three days before closing the bank (think of a bank with a fraction) denies the loan because the HOA is suing another company. The loan office is blaming Freddie and Fannie. Is this accurate??? Wed, 31 Jul 2013 04:22:00 GMT http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ 2013-07-31T04:22:00Z Loans on condos and sfr's ... http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ <p>Loans on condos and sfr's with pending HOA litigation are readily avaialble.&nbsp; Just google Hoa Litigation Condo Loans and you will find info.&nbsp; We funded over 10 mil worth of them last year.&nbsp;</p> Mon, 04 Feb 2013 17:38:00 GMT http://www.zillow.com/advice-thread/Loan-application-denied-due-to-HOA-litigation-my-options/452591/ 2013-02-04T17:38:00Z