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 Condominium Project Questionnaire Short Form Fannie Mae 2017-2025

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all right guys so here's the deal new update with condos and this is a pretty big thing that's going to have an impact on everybody so do you remember last year when that condo collapsed down in florida unexpectedly yeah we all do so that had a ripple effect that just made uh big changes in the way conventional loans are and any other loans are looking at condos so in layman's terms short and simple there are new added questions that are being sent out to the hoa with the condo questionnaire and basically the condos as of right now what we're seeing is that the majority of them are not signing off on these papers they're being advised by their attorneys not to sign them for whatever reason but because they are not signing them we are no longer a warrantable condo so that deal dies because it's a non-warrantable condo you can't use fannie or freddie for that so we have an option obviously with the private financing so if you get st

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