condo approval for mortgage
- Thread starter cheetos
- Start date
Never mind. I found it.
https://www.fanniemae.com/content/fact_sheet/condo-project-review.pdflinks to B4-2.2-03
If the project is part of a larger development, and the unit owners are required to pay monthly assessments of more than $50 to a separate master association for that development, lenders must review the overall development plan for the master association to evaluate the acceptability of the project.
https://www.fanniemae.com/content/fact_sheet/condo-project-review.pdflinks to B4-2.2-03
If the project is part of a larger development, and the unit owners are required to pay monthly assessments of more than $50 to a separate master association for that development, lenders must review the overall development plan for the master association to evaluate the acceptability of the project.