The CondoTek
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CondoTek’s State of the Mortgage Market: May 2023
New York City’s New Development Lending Crisis Obtaining a loan for the purchase of a new condominium unit has always been a bit tricky. Behind the scenes of many new condo developments built in New York City o...
Webinar: Florida Condo Lending: Impacts From New Reserve Legislation Impacting Condo and Co-op Mortgage Lending
Amazing webinar yesterday featuring Orest Tomaselli, President of Product Review from CondoTek, Melissa Cohn Regional VP of William Raveis Mortgage and Nancy Cardone, Manager of Strategic Growth at William Raveis Real Estate. The topic, Florida Condo Lending: Impacts From New …
January 24, 2023
Expand Your Market…
A MESSAGE FROM OUR PRESIDENT OF PROJECT REVIEW Expand Your Market! Condos are a great way to expand your market and increase loan originations. …
January 12, 2023
CondoTek Launches Updated Encompass Integration
FOR IMMEDIATE RELEASE Contact: Melinda Engel Phone: 800-452-4816 x115 Email: melinda@condotek.com CondoTek Launches Updated Encompass Integration Philadelphia, Pennsylvania, December 1, 2022 CondoTek, the premier resource for lenders providing condominium loans, announced today they launched their updated and improved integration into …
December 1, 2022
Loan Limit Values for 2023 Are Increasing by 12.21%
From the desk of Orest Tomaselli, President Project Review, CondoTek The release of the new loan limits for 2023 by the FHFA yesterday will be welcome news for many of our lender clients. Many more condo and co-op loans will …
November 30, 2022
CondoTek Service Update
Due to the recent launch of Fannie Mae’s “unavailable for lending” condo and co-op property designation list, CondoTek has released an update to our condo and co-op property service offerings. Along with our current suite of condominium and cooperative project-wide approval …
November 15, 2022
CondoTek Announces New Title Delivery Service
CondoTek is proud to announce our newest enhancement; Title Delivery. Through our portal our lender clients can now not only place their CondoPak and Condo Project warrant order but also add a title order at the click of a button. …
October 12, 2022