Lee Chieng, Certified Mortgage Advisor

04/09/2026

Condo Financing Is About to Take Longer (Here's Why)

Fannie Mae is retiring the "Limited Review" process for condo loans on August 3, 2026.

What does that mean? More condos will require Full Review—which means:
📋 More paperwork
⏱️ Longer timelines
🏢 More HOA involvement

If you're planning to buy a condo, start your financing process EARLY. The old "30-day close" may no longer be realistic unless the project qualifies for a waiver.

Want to know if your condo will be affected? Send me the building info, and I'll check.

04/07/2026

Condo Buyers: Check the HOA Reserves BEFORE You Offer!

Starting August 3, 2026, Fannie Mae is tightening reserve requirements for condo projects. HOAs with weak budgets or outdated reserve studies may no longer qualify for conventional financing.

What to do NOW:

Ask for the HOA's reserve study before making an offer
Verify the building is financially healthy
Get pre-approved with a lender who knows the new rules

Don't waste time on a condo that won't get financed. I can review the HOA documents and tell you if there are red flags—before you're in contract.

04/05/2026

Investor Property Owners: This Changes Everything

Big update for real estate investors: Fannie Mae just removed the 50% investor concentration limit for established condo projects.

Translation? Condos in rental-heavy buildings that were previously "cash only" may now qualify for conventional financing.

If you've been sitting on the sidelines because financing wasn't available, now's the time to act.

Want to know if your target property qualifies? Send me the address and I'll review it for free.

04/02/2026

Great News for Small Condo Buyers!

Fannie Mae just expanded financing options for small condo projects. Buildings with 10 or fewer units now qualify for simplified approval—no more waiting on slow HOAs or mountains of paperwork.

What this means for YOU:
✅ Faster underwriting
✅ Fewer document requirements
✅ Smoother closings

Thinking about buying a condo in a small building? Let's talk about your financing options.

03/24/2026

4.83 star review received on Experience.com for Lee Chieng by Allen M A - Everything handled smoothly in a timely manner.

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03/24/2026

5.0 star review received on Experience.com for Lee Chieng by Peihua L - Professional and great customer service.

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03/07/2026

02/23/2026

Everyone is posting. Very few are converting.

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Not by going viral.
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And if you haven’t started yet, this is your blueprint.

DM me for the registration link.

02/20/2026

The Dream For All application portal opens February 24 and closes March 16, 2026.

This is not free money.

It can give you up to 20 percent toward your down payment.

There is no monthly payment on that 20 percent while you live in the home.

When you sell or refinance, you repay the assistance plus a share of the appreciation.

If the payment is affordable and the down payment is what is stopping you, this program was built for you.

If you are interested and want to find out more, reach out now before the window closes. DM me DFA to find out more.

02/09/2026

5.0 star review received on Experience.com for Lee Chieng by Vaughn K - Lee is always a delight to work with, works for the customer's best interest and is thoughtful and pleasant throughout the process.

Click to see all 39 reviews of Lee Chieng, Certified Mortgage Advisor

12/28/2025

New year, same commitment: helping you achieve your goals and protect what matters most.

The best results come from strong partnerships, clear communication, and staying focused on what works.

Whether you're planning your next move or refining your strategy, let's make this year count.

Grateful for everyone who trusted me this past year—let's build something even better together.

Here's to a successful year ahead.

12/26/2025

5.0 star review received on Experience.com for Lee Chieng by Borina S - Working with Lee was a great experience from start to finish. She made the entire process seamless, was always responsive, and provided clear guidance at every step. Her support throughout the transaction made everything feel smooth and stress-free. I would highly recommend Lee to anyone looking for a reliable and professional mortgage advisor.

Click to see all 38 reviews of Lee Chieng, Certified Mortgage Advisor