Borrowers run into two problems when getting a mortgage on a condominium: high costs and strict standards that make it hard to qualify for a loan.

These issues beset condo buyers who want to get mortgages as well as people who already own condos and want to refinance.

"Condos are like the canary in the coal mine

Read the rest of the article in Scripps News: http://www.scrippsnews.com/content/real-condo-loans-challenge-buyer-and-association