What we’re about
This is a group for anyone interested in buying or refinancing a condo in the Washington DC Metro area. It's for buyers, sellers, Realtors and service providers, started by a loan originator for one of the fastest growing lenders in the nation*, Movement Mortgage (NMLS 39179). If you've got condo questions, we're here to answer them.
From first time home buyers looking for 100% financing (97% 1st mortgage with a 3% grant on our MAP program) to investors looking for a great way to grow their wealth, the Condo Financing in DC/VA/MD Meetup is for you.
All experience levels are welcome. Learn that "non-warrantable" doesn't necessarily mean the condo complex is bad and understand how investor concentration isn't a death knell to your dream condo (and myriad other nuances pertinent to condo lending).
I started this group to meet folks and inform them about their options when financing their condos, but it's more than just financing; it's about opportunity. Noted Real Estate Columnist/Author, Ken Harney noted in the Washington Post in April 2017, "Median condo market values rose by 38.4 percent over the five-year period, while median single-family detached houses appreciated by 27.9 percent"**.
Condos are hot commodities so let's get together, have a snack, a beverage, and talk about the possibilities.
I look forward to meeting all of you. My name is Tom Potter. I'm a loan originator for Movement Mortgage and my NMLS number is 1021031. * https://movement.com/blog/2017/08/16/movement-mortgage-joins-exclusive-inc-5000-honor-roll/
** https://www.washingtonpost.com/realestate/condos-may-be-appreciating-faster-than-single-family-houses/2017/04/17/37355930-238f-11e7-a1b3-faff0034e2de_story.html?utm_term=.42ddf3e5c689
