Realogics Sotheby’s International Realty & OPES Advisors Announce New Lending Options and Units Available at Florera Condominiums
Florera Condominiums certification as a “warrantable condo” with Fannie Mae lending opportunities aligns with a new selection of homes offered for sale
Representatives of the mortgage originator and wealth advisory firm OPES Advisors | Flagstar Bank and Realogics Sotheby’s International Realty announced today the addition of two condominium units and new financing options at Florera Condominiums, a highly anticipated LEED Silver certified condominium project in the heart of Seattle’s Green Lake neighborhood.
The residential offering includes a range of studio, one and two bedroom options priced from the low $400,000s to over $900,000 ranging in size from 578- to 1,215-square feet. Thoughtful appointments and contemporary finishes include stainless steel appliances, gas ranges and walk-in closets, with all units offering balconies or patios and Green Lake Park, neighborhood, or courtyard views.
New listings just added to the market include:
· Unit 229 | 1 Bed | 1 Bath | 782 Sq. Ft. | 1 Parking
· Unit 428 | 1 Bed | 1 Bath | 728 Sq. Ft. | 1 Parking
Residents of Florera Condominiums are treated to a suite of amenities in-building, in addition to being in the middle of one of Seattle’s most vibrant, walkable neighborhoods
The building also affords the following amenities: a rooftop deck, courtyard with mature landscaping, secured lobby, resident’s lounge and a secured underground parking garage. Homes are also within walking distance to Green Lake Park, trails, PCC, cafés and the upcoming Link Light Rail station with access to the University of Washington and downtown Seattle.
As the project’s preferred lender, OPES Advisors | Flagstar Bank worked for months with Fannie Mae to demonstrate the strengths of the HOA and gain approval for financing.
“This is great news because now borrowers may use all conventional, conforming loans to serve their mortgage needs at Florera,” said Justin Arnold, Senior Mortgage Advisor & Personal Finance Advisor (NMLS 487409) with OPES Advisors | Flagstar Bank. “Florera is now classified as a ‘warrantable condo’ which means that qualified buyers looking to purchase a unit in the building may be able to leverage programs with a down payment as little as 5% and an 80/10/10 financing structure.”
“This financing announcement could not have come at a more opportune time as we just released more homes available for sale at Florera Condominiums,” added Dehlan Gwo, Senior Global Real Estate Advisor & Exclusive Listing Broker with Realogics Sotheby’s International Realty. “I look forward to aligning more buyers with this amazing and unique lifestyle opportunity in Green Lake.”
Prospective buyers are encouraged to visit http://www.ownflorera.com for additional information.