Frequently Asked Questions
FAQ’s Condo Review
5th Street requires a condo questionnaire completed by the HOA on all loans where the property type is a condo. Below are FAQ’s.
The broker should order the questionnaire.
We do not require our form to be used, we accept any form.
We require the long form on investment property transactions, all other transaction types can use the short form.
We do not require the bylaws and we only require the budget if the reserves within the HOA are deemed too low after the underwriter reviews the project.