WebFannie Mae Form 1076/Freddie Mac Form 476 Page 3 December 2024 V: Ownership & Other Information 1. How many unit owners are 60 or more days delinquent on common expense assessments? 2.e In th event a lender acquires a unit due to foreclosure or a deed-in-lieu of foreclosure, is the mortgagee responsible WebThe forms and the supporting exhibits outlined in the PERS Document Checklist (Form 1030) provide Fannie Mae with the ... The Condominium Project Questionnaire – Requires Full Review completed within the past 180 days. ... Listings of Fannie Mae-approved condo, co-op, and PUD projects are available in CPM.
Determining Condominium Project and Mortgage Eligibility
WebReview Q for Fannie Mae transactions or Streamline Review for Freddie Mac transactions. _____ _____ Underwriter Signature Date _____ Print Name and Title U nderw riter … WebAppraisal Review Checklist Page 2 December 11, 2012 Appraisal Section Answer Action Required SUBJECT (Continued) 6 Is the property a PUD or Condo ? Yes No N/A If yes, add HOA fee amount to the DTI calculation. If PUD –refer to PUD Information section-Pg. 8. 7 Condo– a) Is the project FHA/VA approved? images of new homes
Underwriter Limited Review Project Checklist
WebForm 476A Review the addendum to the condominium questionnaire - full form. Determining Condominium Project and Mortgage Eligibility Make sure you comply with our condominium project review and general condominium project eligibility requirements in Single-Family Seller/Servicer Guide (Section 5701.2). Training & Events WebA “Fannie Mae approved condo” means the condo in questions meets or exceeds those requirements, and the condo is eligible for federal financing. As of 2024, the Fannie Mae loan limit for condos is $510,400 — at least, in most parts of the country. ( Click here to check the max in your area.) WebMake sure you comply with our condominium project review and general condominium project eligibility requirements in Single-Family Seller Servicer Guide (Section 5701.2). A Condominium Project and Condominium Unit Mortgage must comply with our requirements in Section 5701.2, except for Condominium Unit Mortgages eligible under … images of newlyn cornwall