Conventional financing at Optima Old Orchard Woods

Optima’s Old Orchard Woods development in Skokie is unusual among today’s condo projects in that among other things it’s approved for VA, FHA and Fannie Mae (FNMA) financing.

Join me and Daniel Chookaszian of American Street Mortgage for a look at some aspects of the current conventional loan market

This is part of a multi-part conversation with Chookaszian on mortgage financing. The first parts included a primer on VA loans, a look at FHA financing, and an overview of jumbo loans.

We met in a penthouse unit at Optima Old Orchard Woods, where Chookaszian’s firm is one of the project’s preferred lenders

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