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MA, NH, RI, CT, ME, VT, FL
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Fannie Mae is at it again, continuing to make changes to condominium requirements. The latest lender letter, LL-2026-03, dated March 18, 2026, brings some good, some bad and some ugly. The letter can be found here: Fanne Mae Lender Letter LL-2026-03
Mar 24, 2026 | Conventional Loans Condominiums
Buyers (and sellers, too) of condominium units are better off knowing that not all condominiums can be approved. At least not by conventional means. Fannie Mae keeps tabs on condominiums which come under their radar in their tool Condo Project Manager. By
Jul 12, 2024 | Conventional Loans Condominiums
In October last year, in the aftermath of Florida condo collapse, Fannie Mae threw a big wrench into condominium approval process. In their lender letter LL-2021-14 (you can look it up), the maker of lending rules added somewhat ambiguous requirements fo
Jul 02, 2022 | Purchasing a Home Conventional Loans Condominiums