03/24/2026
Big updates in the condo space 👀🏢
Fannie Mae has rolled out new guidelines that could make condo financing a bit smoother and more predictable for buyers and sellers.
Here’s what’s improving ⬇️
• Reduced insurance friction, meaning fewer surprises at closing
• Easier approval pathways for smaller condo projects (10 units or less)
• Expanded eligibility with certain investor limits removed
What to keep in mind 📝
• HOAs are now required to set aside 15% for reserves (previously 10%)
• Some reviews may take place earlier in the process
What this means 💡
More stable condo communities and a more streamlined transaction experience overall.
Considering a condo purchase or sale?
Message us and let’s go over your options 📩