Condo rule adjustments: A gamechanger for the Florida market?

As someone who’s spent 14 years guiding Sanford and Orlando-area clients through the ins and outs of home buying, I’ve seen how rule changes can shift the market almost overnight. Recent updates to condo lending requirements now call for a full review of condo association finances and higher reserves. What does this mean if you’re eyeing a condo? In Florida, it’s making conventional loans tougher to secure—even with condo demand holding strong. More buyers might start looking at portfolio and non-qualified mortgage lenders as a result. I keep a close watch on these changes because it’s all about helping you make informed decisions—especially if a condo is your stepping stone to a new home or a fresh start.