Training
Understanding Mortgage Ineligibility in Condominiums & Cooperatives
60 minutes
Join special guests from CondoTek for an in-depth webinar exploring the key factors that lead to mortgage ineligibility for condominium and cooperative properties – and what can be done to restore eligibility.
We will cover these topics during this 60-minute session:
- Insurance requirements
- Critical repairs & building safety
- Deferred maintenance issues
- Pending litigation
- Identifying ineligibility triggers
-Steps to re-gain lending eligibility
Upcoming Sessions:
Orest Tomaselli, President – Project Review, CondoTek
Orest is the president of the Condominium and Cooperative Review division at CondoTek and the owner of Strategic Inspections, a national Reserve Study provider. Orest’s name is synonymous with condo and co-op lending compliance, lending risk mitigation and Reserve Study policy.
Orest has led national lending risk and compliance symposiums and regularly provides guidance on condo and co-op lending trends to over 75,000 industry professionals in the banking, law, and real estate fields. His work in helping to craft residential and commercial lending policy for secondary market investors and lenders has led to the creation of bespoke portfolio lending products for both luxury and affordable condo and co-op properties.
Orest is currently providing his expertise in aging condo and co-op infrastructure to the national stakeholders currently providing property management, insurance, compliance and lending to this sector.
Orest has led national lending risk and compliance symposiums and regularly provides guidance on condo and co-op lending trends to over 75,000 industry professionals in the banking, law, and real estate fields. His work in helping to craft residential and commercial lending policy for secondary market investors and lenders has led to the creation of bespoke portfolio lending products for both luxury and affordable condo and co-op properties.
Orest is currently providing his expertise in aging condo and co-op infrastructure to the national stakeholders currently providing property management, insurance, compliance and lending to this sector.

Lisa Geloso, Head of Product Operations & Customer Success – CondoTek
Lisa Geloso is CondoTek's head of product operations and customer success. Lisa has been in leadership positions for over 30 years in mortgage operations and business development, with a focus on condo and co-op lending. With Lisa's expertise, Lisa is helping CondoTek become a leader in the condo and co-op lending industry with a focus on quality reviews and process efficiency.