Condo with Litigation

Any letter from the Home Owner's Association's legal counsel would seem self serving. I also can't see Condo's counsel agreeing to such.

I actually did obtain such letter from the HOA's lawyers handling the association. So would this help any?

The seller's RE agent recommended a "banker" who would be able to secure financing even with litigation, but that banker is charging me close to $600, and I just found out he's going through a broker to get the mortgage with a local bank. In the0 GFE, there's also additional $500+ "underwriting" cost that I know for a fact that specific local bank does not charge. Hence I'm trying to secure the financing myself if I were able to get around the litigation part with the bank I was working with...

Any suggestion/advise/insight base on experience or expertise????

If the bank isn't selling the loan to Fannie Mae, the guide lines do not necessarily apply. that said banks are more cautious now, and want to make sure the home owner association has reasonable reserves, insurance. Speak to the managing agent and look for suggestions.

This is what mortgage brokers are for. You should call a few. They will have relationships with multiple banks and be highly motivated to get your loan funded.

You could also review ACRIS and see which banks have underwritten loans recently. Why put yourself through a mortgage broker sales pitch you when you can find the information out yourself

have to ask, why the need to buy a unit that is so encumbered?