Condo lending rules, in plain English
Condo Project Advisor: How Freddie Mac's Review Process Differs From Fannie Mae's
Most condo-lending coverage is Fannie Mae-focused, but Freddie Mac runs its own separate review system called Condo Project Advisor. Here's what PAR, PWR, and PCS actually mean, what Project Certified status requires, and why Freddie Mac says it keeps no public ineligible-projects list.
Master Policy vs. HO-6: What Fannie Mae Actually Requires Your Condo to Insure
Fannie Mae sets exact rules for HOA master property insurance, unit owners' HO-6 policies, and fidelity/crime coverage — coverage amounts, deductible caps, required perils, and when each policy is triggered. Here's the primary-source breakdown.
The 3-Year Structural Inspection Rule: What Fannie Mae Actually Requires Boards to Have on File
Since September 18, 2023, Fannie Mae has required lenders to review every structural or mechanical inspection completed within the last 3 years. What that means for condo boards, unit owners, and buyers — with the exact rule text and citations.
How to Remove a Condo Project from Fannie Mae's Unavailable Status
If your condo project has an Unavailable status in Condo Project Manager (CPM), no lender can sell a loan in it to Fannie Mae. Here is exactly how the status works, why it is applied, and the specific steps a board and its lender partner can take to get it removed.
Form 1076: The Condo Questionnaire That Decides Whether the Loan Closes
Almost every conventional condo purchase turns on one document — the Condominium Project Questionnaire, Fannie Mae Form 1076. Here's what it is, what it asks, why the short form is dead, and how boards can stop killing deals with a bad answer.
The Condo Board's Guide to Passing Fannie Mae Full Review (Updated August 2026)
Limited Review is gone, so nearly every conventional condo loan now depends on your association passing Full Review. Here are the exact numbers lenders check — delinquencies, reserves, commercial space, single-entity ownership, repairs, and litigation — with citations to the current Selling Guide.
Limited Review Is Gone: The Condo Loan Shortcut Ended August 3, 2026
Fannie Mae's Limited Review and Freddie Mac's Streamlined Review are retired for loan applications dated on or after August 3, 2026. Here's what replaces them and what buyers and boards should do.
What Makes a Condo Non-Warrantable? The 8 Triggers That Kill Mortgages
Non-warrantable condos can't get conventional financing. Here are the 8 verified Fannie Mae triggers that flip a building non-warrantable.
Florida SIRS and Milestone Inspection Deadlines: What Boards Must Do
A plain-English guide to Florida's milestone inspection and SIRS deadlines under statutes 553.899 and 718.112, and what condo boards must do now.
Is Your Condo on the Fannie Mae "Blacklist"? How to Check in 2026
Learn what Fannie Mae's condo 'blacklist' really means, why it matters for your mortgage, and how to check your building's status in 2026.
The 15% Reserve Rule: How Fannie Mae's 2027 Standard Changes Condo Lending
Fannie Mae raises the minimum condo reserve requirement from 10% to 15% starting January 4, 2027. Here's what boards and buyers need to know.
Is your building ready for these rules?
Answer 12 plain-English questions and get a free readiness score against Fannie Mae's published standards — with the exact rule behind every point. No account needed.