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.  

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.

Learn More

Watch the updated condo policy video

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    Frequently Asked Questions 
    Technology

    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