Fnma approved condo lookup

    • What if a condo or co-op project has a Fannie Mae approved status?

      When a condo or co-op project has a Fannie Mae approved status in CPM, the lender is responsible for confirming borrower and property eligibility requirements are met. Fannie Mae has completed the project review. Lenders are required to validate that the project and unit have the required insurance coverage as described in Selling Guide Chapter B7.

    • What happened to Fannie Mae approved projects in CPM?

      Fannie Mae approved projects in CPM may have gone down one of several approval paths, including the Project Eligibility Review Service (PERS). Lenders may still request that Fannie Mae approve projects through PERS as they have always done.

    • Does Fannie Mae require a PUD Project Review?

      In most cases, the evaluation of PUD projects remains a lender-delegated function (i.e., project review is not required for most PUD projects). However, Fannie Mae requires lenders to submit PUD projects consisting of single-wide manufactured homes for review through the standard PERS process. Q48.

    • Selling Guide Announcement (SEL-2023-02) March 1, 2023

      Q1. How can lenders use the list of “approved” projects posted on Fannie Mae’s website? The list of projects Approved by Fannie Mae is now in Condo Project Manager™ (CPM™). (The list that was previously located on the Project Eligibility Review Service (PERS) page on fanniemae.com has been retired.) Non-CPM users

    • Lender Letter (LL-2021-14) Oct.13, 2021 - Fannie Mae

      Oct 13, 2021 ·

    • Project Eligibility Review Service (PERS) Overview - Fannie Mae

      the project’s financial, legal, or operational structure since it was originally approved. Resources Listings of Fannie Mae-approved condo, co-op, and PUD projects are available in CPM. For more information about PERS, refer to the Project Standards FAQs and the Fannie Mae Selling Guide (see

    • Condo Project Manager FAQs - Fannie Mae

      How does a condo project get added to CPM as a Fannie Mae Approved project? Fannie Mae approved projects in CPM may have gone down one of several approval paths, including the Project Eligibility Review Service (PERS). Lenders may still request that Fannie Mae approve projects through PERS as they have always done.

    • SELLER/SERVICER RISK SELF-ASSESSMENT IN THIS DOCUMENT Condo ...

      Feb 1, 2003 ·

    • Project Standards Requirements - Fannie Mae

      Loans secured by units in condo and co-op projects with significant deferred maintenance or in projects that have received a directive from a regulatory authority or inspection agency to make repairs due to unsafe conditions are not eligible for purchase. These projects will remain ineligible until the required repairs have been made and ...

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