08/24/2026
**FLORIDA CONDO FINANCING JUST CHANGED 🏢**
Earlier this month (August 3), new Fannie Mae and Freddie Mac condo financing requirements are in effect — and they could mean more scrutiny for condominium projects during the lending process.
With streamlined review options being phased out for many projects, condo associations, lenders, real estate professionals and buyers may encounter more comprehensive project reviews before financing is approved.
In a market like Florida, where condo safety, reserves and association financials have already become major considerations, understanding the condition and financial health of a condominium project is more important than ever.
The takeaway? The property itself isn't the only thing being evaluated. The health of the entire condo project can play a role in financing.
Stay informed. Stay prepared.