Originating & Underwriting

Condo, Co-Op, and PUD Eligibility

Fannie Mae is committed to helping lenders lend with confidence. Our ongoing commitment to risk management makes condos a more sustainable and affordable homeownership option for many borrowers.  

Impact of COVID-19 on condominium project review

We’re offering temporary additional guidance and flexibilities for project eligibility reviews on condo projects. 

Get Started

Step 1: Determine a Condo Project Review Type

Step 2: Follow the Condo Project Review Type Requirements

Step 3: Confirm the Condo Project Insurance Requirements


Project Eligibility Review Service

The Project Eligibility Review Service (PERS) is a review method lenders can use to submit project information to Fannie Mae for eligibility review. PERS may be required to review certain types of projects.


Condo Project Questionnaire

Government-sponsored enterprises (GSEs) have developed standardized Condo Project Questionnaire forms (1076/1077). Although optional, we recommend these forms. They offer lenders a clear and consistent approach to collecting condo project information from HOAs.

In response to lender inquiries, we have clarified Project Standards requirements related to horizontal property regimes and environment hazards. See Selling Guide Announcement SEL-2020-03 for details.

Learn More

Watch the updated condo policy video

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    Frequently Asked Questions 

    Condo Project Manager™ (CPM™) helps lenders certify condo projects quickly and easily.

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    Customizable Condo Buyer’s Guide

    Support your outreach efforts with this Guide, now available in our Marketing Center.

    Go to the Marketing Center