Non-Warrantable Condominiums

Portfolio Products – Non-Warrantable Condominiums

Non-Warrantable condominiums are eligible for a number of Bayview’s portfolio products:

  • Early Access Product
  • Alternative Income Product
  • Asset Inclusion Product
  • Expanded Ratio Product


  • 70% LTV or less on all non-warrantable condo portfolio loans
  • 60% of total units must be sold or under contract/pending sale
  • 20% or less of the total units may be owned by one single entity
  • Condotels may be considered if the project is residential in nature
  • 10% reserve allocation not needed if current reserve balance exceeds 20% of operating expenses
  • No more than 25% of the unit owners are more than 30 days delinquent
  • Delinquency requirement may be waived if current reserve balance exceeds 30% of operating expenses
  • No defined maximum commercial influence. Appraiser must confirm project is common and customary to the market as well as prove there is no adverse impact on the marketability as a residential project
  • Second homes permitted
  • Additional restrictions may apply. Review product sheets for additional information

View Product Page PDF

Contact your representative or for information on product flexibility and exceptions.

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