Condo questionnaire

Fannie Mae & Freddie Mac – Condominium Questionnaires: Do the condominium questionnaires differ between Fannie Mae & Freddie Mac? Forms.

Answer: The agencies understood the challenges that different questionnaires would create since the guidelines are relatively the same across the board, with some small differences.  So, as you can see below, the agencies use the same questionnaire since they are now standardized.  You can find these Short and Long Form questionnaires on the Mortgage Currentcy [...]

2019-05-22T13:05:06-05:00May 24th, 2019|

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 [...]

2018-07-25T07:58:51-05:00July 24th, 2018|