Fannie Mae and Freddie Mac condo eligibility
Find the problem before lenders do.
We evaluate your condominium using lender standards, pinpoint all eligibility issues, and provide your board with a clear plan to resolve them.
First read within 48 hours of your documents. Pricing on request.
Lender‑Side Expertise
Built by mortgage and credit risk professionals who know exactly how lenders evaluate condominium projects.
Independent & Unbiased
We don’t sell insurance, reserve studies, or inspection services – our assessments are independent and conflict‑free.
Fannie Mae and Freddie Mac
They have distinct requirements. We give you a clear, separate eligibility assessment for each agency.
Fast first read
Your first eligibility read is delivered within 48 hours.
Here's how a sale dies.
A unit owner accepts an offer. The buyer puts down earnest money. Then the lender pulls the budget, reserve study, insurance, and inspection reports – and the project doesn’t meet eligibility.
Now the clock becomes the enemy.
Significant repairs must be completed.
An insurance gap requires a new policy.
Neither can be fixed before the required closing date.
One failed sale is bad. A building full of them is worse – fewer buyers, lower offers, and owners asking who let it happen.
The odds your condominium has a gap aren’t small. The only question is who finds it first.
Real experience from our founding partners shows:
- 50%+ miss at least one requirement.
- <10% receive an exception.
- Since August 2026, project eligibility failures have been increasing.
The top four reasons projects fail.
- 1
Critical repairs
Deferred maintenance becomes a critical repair the moment the lender sees it. What the board postponed is now an eligibility failure.
- 2
Reserve Funding
Reserves are thin, contributions fall short, or the reserve study’s recommended funding levels were ignored.
- 3
Insurance
Coverage is insufficient, nonexistent, or fails to provide protections for owners and lenders.
- 4
Litigation
A pending lawsuit presents financial liability that can destabilize your entire association, affecting values, budgets, and even your owners’ ability to repay their mortgage.
Fannie Mae says the same
Fannie Mae names insufficient master property insurance and critical repair issues as the top two reasons projects are ineligible. Condo Status Finder FAQ
Why the lender won't fix it for you.
Lenders are in the business of making loans, not fixing associations. When a project fails eligibility, they decline the loan and move on to the next one without batting an eye — leaving the board with an undefined problem and frustrated owners that can't sell or refinance. Our proposition is to step in before that happens, identify issues early, and guide projects back into compliance so financing stays open and their communities stay protected.
Why us?
We read your file like the lender
We know what gets flagged because we’ve done that work.
We get there first
You hear about the gap months before a buyer does, not three days before closing.
We don't sell the fix
No reserve studies, no insurance, no inspections. Our answer is never a setup for a sale.
We keep checking
Eligible six months ago doesn't mean eligible today. A single board vote can flip it.
Is this for your project?
A good fit
- Condo associations with more than 10 units
- Management companies with condo portfolios
- Boards facing a reserve study, budget decision, insurance renewal or significant repair
Not a fit
- Most projects with 10 units or less
- Projects where all units are fully detached
- Buildings where buyers mostly pay cash
Questions boards and managers ask
Can't our management company handle this?
Some can. Most can't keep a condo underwriting specialist on staff. We work alongside your manager, not around them.
Why not wait until a buyer's lender reviews us?
Because then you're fixing it on someone else's deadline. Reserves take a budget vote. Insurance takes a renewal. Neither fits in an escrow.
Are you part of Fannie Mae or Freddie Mac?
No. We're independent and not affiliated with Fannie Mae, Freddie Mac or any lender. Lenders make the final call. We tell you what they'll find.
What does it cost?
Pricing on request. Tell us about your association and we'll quote it. Ask for a quote.
Find out where you stand in days, not at closing.
Send your documents. Get a first read, a call and a plan your board can act on.
First read within 48 hours of your documents. Pricing on request.