08/07/2026
🏢 Thinking About Buying a Florida Condo? The Mortgage Rules Just Changed.
Fannie Mae and Freddie Mac have updated their condominium financing guidelines—and these changes could impact whether a condo qualifies for conventional financing.
Here’s the part buyers need to understand:
Qualifying for the mortgage is only half the equation. The condo association has to qualify too.
Depending on the property, lenders may need to take a closer look at things like the association’s finances, reserve funding, insurance coverage, and potential structural concerns.
That can mean additional documentation, longer approval timelines, and potentially financing issues if the condo project doesn’t meet the guidelines.
But there’s good news: many of these issues can be identified before you write an offer.
I broke down what changed, why it matters, and what Florida condo buyers should do differently in my latest blog:
👉 Read: Buying a Florida Condo? New Mortgage Rules Could Impact Your Purchase
If you’re considering a condo purchase in Southwest Florida, reach out before you write the offer. I’d be happy to help you look at the financing side of the project early so there are fewer surprises later.
