Fannie mae form 1076 fillable-2025

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The purpose of the form is to provide the lender with important information about the financial stability, legal standing, structural integrity, insurability, occupancy ratios, past or pending special assessments, and the overall management of the condo association. Do mortgage lenders require Condo Questionnaires?
Note: The Fannie and Freddie bulletins apply directly to lenders and not individual inium associations and co-ops; however, inium associations and co-ops are asked to complete Form 1076, which includes answering questions regarding critical repairs (i.e., building safety, soundness, structural integrity,
The inium Project Questionnaire (Form 1076) helps lenders collect data to determine condo project eligibility.
The inium Project Questionnaire (Form 1076) helps lenders collect data to determine condo project eligibility. This form is optional; however, lenders are encouraged to use and retain the form in the loan file.
The condo questionnaire is typically filled out by the Homeowners Association (HOA) or the property management company that oversees the inium complex. This step is absolutely vital in getting a mortgage for your inium, as it provides a detailed picture of the propertys financial and legal standing.
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People also ask

Fannie Mae (FNMA) single-family rent schedules (Form 1007) are typically requested by lenders when financing single-family rental homes and non-owner-occupied properties. The information is used to estimate the market rent by the appraiser.
The benefit of FNMA approval is that it signals the condo meets certain standards that make it a lower risk for the lender. It also makes the condo more attractive to future buyers. Perhaps most importantly, FNMA approval means it meets safety standards. Lender requirements for condos and impact to supply and demand.
Yes, lenders usually require a condo questionnaire when a buyer is applying for conventional mortgage financing for a condo unit, especially if they are applying for a conventional mortgage backed by Fannie Mae or Freddie Mac. As of 2025, Fannie Mae and Freddie Mac backed mortgages make up 70% of the mortgage market.

fannie mae form 1076