Fannie Mae & Freddie Mac – Condo Requirements: Under the new Fannie & Freddie guidelines for Condos, do I still need a project questionnaire? MC Condo Eligibility Quick Reference Chart-All Agencies

Answer: Technically, the answer is no, you wouldn’t need them, but each lender could require them. They may require them to show that the project meets all other condo requirements, as that is the lender’s obligation when delivering to Fannie. The lender is representing and warranting that the project is warrantable and meets Fannie Mae’s […]

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