The award-winning condominiums at the waterfront community of Old San Jose on the River in Jacksonville have received Fannie Mae (FNMA) approval, making it possible for prospective buyers to take advantage of attractive mortgage rates and the most competitive financing options on the market.

There are currently 68 Fannie Mae-approved condominiums in the state of Florida. Old San Jose on the River is the only luxury waterfront condominium community located in the Jacksonville region.

“Fannie Mae approval is a significant vote of confidence for the strength and success of our community, and makes Old San Jose on the River more accessible for buyers,” said Victoria “Vikki” Robbins of Victoria Robbins Realty, Inc., the real estate company responsible for sales at Old San Jose.

The Fannie Mae approval process evaluates a project on numerous acceptance guidelines including the number of units sold or under contract, recent velocity of sales and the community’s viability and stability. Fannie Mae approval makes the lending process easier and much more affordable for potential buyers.

The single-level condos at Old San Jose on the River are housed in low-rise buildings holding three units, one lower level and two upper level residences, ranging in size from 1,967 square feet to 2,075 square feet. Each is designed with individual entrances, generous storage and abundant natural light. Every residence offers direct access to an attached two-car garage. The first-floor condominiums have an expansive lanai and the second story residences include a large balcony and a private elevator. The single-level condominiums at Old San Jose on the River range in price from $375,000 to $445,000.

Old San Jose on the River has received numerous industry honors. The single-level condominiums were awarded an Aurora Award for architectural design and the community was honored with three Aurora Awards including a Grand Aurora for the community’s infill site plan and unique mix of single-family and multi-family homes. Old San Jose on the River also received six Laurel Awards and two Parade of Home awards recognizing quality and distinction from the Northeast Florida Builders Association.

Visit www.oldsanjose.com for more information about Old San Jose on the River.