Find out how Fannie Mae’s new requirements will impact your reserve requirements and special assessments.
In October 2021 Fannie Mae released new guidelines for Condo & co-op project loans. The requirements apply to buildings with 5 or more units. The changes will take effect for loans effective January 1, 2022. The program will discuss the changes that will occur and what the Associations can expect. We will discuss how the changes will impact reserve requirements and special assessments.
CE Hours: 1 CAI CE Hour
We were made to serve community associations. For more than two decades, we've been committed to helping associations reach their financial goals with an unmatched level of service.
We serve community associations of all sizes throughout the Chicagoland area. We provide common element repair financing to associations as small as six-units as well as to large high-rise communities and sprawling city or suburban townhome associations.
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