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Fannie Mae & Freddie Mae Lending Guidelines for Condominiums and Housing Cooperatives
1.
What is your role in the community association housing model?
Board member
Community association manager
Management company executive
Business partner
Other (please specify)
2.
What type of community association do you represent, please check all that apply
Condominium
Homeowners association
Housing cooperative
Other (please specify)
3.
What state are the communities you manage/live?
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia (DC)
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
4.
How many units in your community?
Less than 50
51-100
101-200
201-400
401-500
500-750
More than 750
5.
On average how many units in your community sell each year?
less than 20
25-50
50-100
More than 100
6.
Have you been presented with a lender questionnaire(s) incorporating the new Fannie Mae and Freddie Mac requirements?
Yes
No
Other (please specify)
7.
Which of the following have you experienced as an impact of the new regulations in your community?
None
Delay in lender approval
Lender denial (sale didn't go through) because we couldn't answer the question(s)
Lender denial (sale didn't go through) because the building is unsafe
Other (please specify)
8.
Which of the following concerns do you/your community clients have regarding the new Fannie Mae and Freddie Mac lender requirements?
Exposure to liability for answering questions that are beyond my knowledge and expertise.
Exposure to liability for not answering the questions.
Questions are beyond my knowledge and expertise.
We have to hire professionals to answer the questions.
We do not have 20% of assessments budgeted for reserves, so we are ineligible.
None
Other (please specify)
9.
Please provide additional comments.
10.
Please provide your name, phone, and email address if you are willing to be contacted to share your story.
Name
Company
Address
Address 2
City/Town
State/Province
AL Alabama
AK Alaska
AS American Samoa
AZ Arizona
AR Arkansas
CA California
CO Colorado
CT Connecticut
DE Delaware
DC District of Columbia
FM Federated States of Micronesia
FL Florida
GA Georgia
GU Guam
HI Hawaii
ID Idaho
IL Illinois
IN Indiana
IA Iowa
KS Kansas
KY Kentucky
LA Louisiana
ME Maine
MH Marshall Islands
MD Maryland
MA Massachusetts
MI Michigan
MN Minnesota
MS Mississippi
MO Missouri
MT Montana
NE Nebraska
NV Nevada
NH New Hampshire
NJ New Jersey
NM New Mexico
NY New York
NC North Carolina
ND North Dakota
MP Northern Mariana Islands
OH Ohio
OK Oklahoma
OR Oregon
PW Palau
PA Pennsylvania
PR Puerto Rico
RI Rhode Island
SC South Carolina
SD South Dakota
TN Tennessee
TX Texas
UT Utah
VT Vermont
VI Virgin Islands
VA Virginia
WA Washington
WV West Virginia
WI Wisconsin
WY Wyoming
ZIP/Postal Code
Country
Email Address
Phone Number
Current Progress,
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