A Spanish version of our customizable Condo Buyer's Guide is now available in our Marketing Center. You can add your logo
and contact information and provide an online or print-ready version to potential condo buyers.
A customizable Condo Buyer's Guide has been added to the offerings in our Marketing Center. Add your logo and contact information
and provide an online or print-ready version to potential condo buyers.
The update includes clarifying the requirements for making modifications to single-closing construction-to-permanent loans;
update to reflect the changes to the risk factors in DU Version 10.0; policy update on lender self-report obligations related
to compliance with laws; clarifying and expanding the options for lenders in calculating student loan payment; adding references
to Condominium Project Questionnaires; and other miscellaneous updates and changes.
To enable lenders to serve condo markets more efficiently, Fannie Mae is increasing the LTV, CLTV, and HCLTV ratio requirements
for attached condo units in established projects under the Limited Review process to 90% for a principal residence.