Condominium Project Questionnaire Short Form - Fannie Mae 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin with Part 1: Identification. Select your role as either Master Seller/Servicer or Sub-servicer, and enter the corresponding seller/servicer number and name.
  3. Move to Part 2: Contact Information. Provide details for two contacts, including names, emails, and phone numbers, ensuring you have reliable points of contact for any inquiries.
  4. In Part 3: Remittance Options, check all applicable boxes that pertain to your remittance preferences. Be sure to read the descriptions carefully to select the correct options.
  5. Proceed to Part 4: Account Holder’s Authorization. Fill in the ABA number, account number, and sub-servicer number if applicable. Ensure you provide a handwritten signature and date.
  6. If necessary, complete Part 5 for additional Seller/Servicer numbers using the same information from previous sections.
  7. Finally, submit the form via email or fax as instructed at the bottom of the document.

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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.
Quickly and easily determine if a condo project meets Fannie Maes requirements. Fannie Maes Condo Project Manager (CPM) is a free, web-based tool that enables lenders to quickly and easily docHub a condominium project (or a legal phase of a project). The project must be eligible under the Full Review requirements.
If you are trying to purchase a property that requires a condo questionnaire, the HOAs board of directors or property management company are typically the ones to fill it out.
The condo questionnaire requests details about the propertys development, including insurance coverage, rules around reselling, structural soundness, litigation issues, cash flow issues, future repairs, and other property data.
These include: Prospectus: An overview of the condominium project. Declaration: The governing document that outlines ownership and operation details. Purchase and Sale Agreement: The contract between you and the developer. Rules and Regulations: The guidelines for living in the community.

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People also ask

What is the purpose of the Condo Questionnaire? 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.
The Condominium 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. A substantially similar form may also be used in its place.
There is no statute requiring boards to docHub their condominium project as a whole for FHA insured financing.

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