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.
- See Lender Letter LL-2020-04, Impact of COVID-19 on Appraisals, for details
- Review COVID-19 temporary guidance for loan originating & underwriting
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
Condo Project Standards Training
Access resources including job aids, online learning videos, and frequently asked questions.
Frequently Asked Questions
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.
- UMDP Announcement: GSEs Standardize Condominium Project Questionnaires to Increase Consistency, Improve Process
- Form 1076 | Condominium Project Questionnaire - Full Form
- Form 1076i | Condominium Project Questionnaire - Full Form (Interactive)
- Form 1077 | Condominium Project Questionnaire - Short Form
- Form 1077i | Condominium Project Questionnaire - Short Form (Interactive)
Technology
Condo Project Manager™ (CPM™) helps lenders certify condo projects quickly and easily.
Customizable Condo Buyer’s Guide
Support your outreach efforts with this Guide, now available in our Marketing Center.
