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CPM Phase ID 

The CPM Phase ID is the unique identifier the Condo Project Manager (CPM) system assigns to each phase of a condominium or co-op project. Under ULDD Phase 5, you must deliver this Phase ID (Sort ID 49.2) whenever you use a Fannie Mae approved project (Classification
Identifier = T) at loan delivery to deliver a loan on a unit in a Fannie Mae Approved Phase on a project in CPM. Loan Delivery will issue fatal edits if Sort ID 49.2 is missing or doesn't match CPM when required.

Note: The CPM Certification ID must be nine-digits in length.

The CPM Phase ID must be provided in Loan Delivery for the following project types:

  • Type-T Condo: Fannie Mae approved condo or PUD project, including those approved through PERS when delivering a loan on a unit in a Fannie Mae Approved Phase on a project in CPM.

Importance of Phase ID

The Phase ID, a unique identifier for each condominium phase, plays a vital role in:

  1. Project-level Compliance: Links each loan to the exact phase approved on a project in CPM.
  2. Data integrity: Ensures phase specific eligibility rules (e.g., insurance, reserves) are properly documented.
  3. Promoting compliance: Satisfies ULDD Phase 5 data requirements for condo/co-op project reviews.

Steps to Obtain CPM Phase ID

To extract the Phase ID from the CPM, follow these steps:

  1. Access the CPM application: Use your credentials to log in to CPM.
  2. Search for the project: Use the search functionality in CPM to locate the correct condominium project.
  3. Open the Phase Details page in CPM: From the project home screen, click the Phases tab and then click the Phase name to view its details and ID. A green check mark next to the Phase indicates the phase has a Fannie Mae approval.
  4. Locate Phase ID on the screen: Displayed adjacent to the Phase Name and capture the ID by screen printing or copying it from the downloadable Phase certification PDF.

 

 

Additional Resources

To access these resources on the CPM Homepage, select 'Home Center' from the navigation menu: