Top 10 Condo Lending Updates Every REALTOR® Needs to Know
Presented by Dawn LoGatto, Movement Mortgage
Condominium financing is changing in a big way. With significant updates from Fannie Mae (FNMA) and Freddie Mac (FHLMC) taking effect THIS MONTH, REALTORS® need to understand how these new lending requirements will impact buyers, sellers, and condominium associations including non-warrantable condos! The coordinated changes affect everything from project eligibility and reserve requirements to insurance standards and underwriting procedures, making it more important than ever to stay informed.Join Dawn LoGatto of Movement Mortgage as she breaks down the 10 most important condo financing updates in an easy-to-understand, practical format. You'll learn what has changed, why it matters, and how these updates may affect your transactions, your clients, and the market moving forward. We'll also have Movement Mortgage's Condo Project Manager with us virtually, so bring all your condo questions!!
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