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How do I fill this out?

To begin filling out the Fannie Mae Condominium Questionnaire, gather all necessary information about the property and homeowners association. Carefully complete each section with accurate details. Ensure all responses are accurate and certified to the best of your knowledge.

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How to fill out the Fannie Mae Condominium Questionnaire - Limited Review?

  1. 1

    Gather all necessary information about the property and HOA.

  2. 2

    Carefully complete each section of the questionnaire.

  3. 3

    Review all responses for accuracy.

  4. 4

    Certify the information to the best of your knowledge.

  5. 5

    Submit the completed form.

Who needs the Fannie Mae Condominium Questionnaire - Limited Review?

  1. 1

    Property sellers needing to provide condominium information.

  2. 2

    Mortgage applicants required for loan processing.

  3. 3

    Homeowner associations submitting project details.

  4. 4

    Real estate agents assisting clients with mortgage loans.

  5. 5

    Lenders verifying property eligibility for Fannie Mae loans.

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What are the instructions for submitting this form?

Submit the completed Fannie Mae Condominium Questionnaire to the appropriate Homebridge representative. You can email it to the provided address, fax it to the given fax number, or use the online submission form if available. For physical submissions, mail the document to the specified address. Ensure all details are accurate and complete before submission.

What are the important dates for this form in 2024 and 2025?

Ensure to submit the completed Fannie Mae Condominium Questionnaire before the loan processing deadline in 2024 and 2025.

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What is the purpose of this form?

The purpose of the Fannie Mae Condominium Questionnaire is to provide comprehensive information about condominium projects. This information is crucial for lenders to determine the eligibility of the property for Fannie Mae loans. Accurate and truthful responses are essential for a smooth loan processing experience.

formPurpose

Tell me about this form and its components and fields line-by-line.

This form includes fields for project details, financial information, and legal aspects.
fields
  • 1. Project Name: Exact name of the condominium project.
  • 2. Project Address: Complete address including county.
  • 3. Borrower(s): Names of the borrowers.
  • 4. HOA Control: Information on whether unit owners control the HOA.
  • 5. Amenities: Details on common elements and amenities.

What happens if I fail to submit this form?

Failure to submit this form may result in delays or denial of the loan application.

  • Loan Processing Delays: Incomplete information can cause significant delays in loan approval.
  • Loan Denial: Missing or inaccurate information may lead to the denial of the loan application.

How do I know when to use this form?

Use this form when applying for a Fannie Mae loan for a condominium.
fields
  • 1. Condominium Loan Applications: Required for processing loans for condominium properties.
  • 2. Property Eligibility Verification: Verifies the condominium project's eligibility for Fannie Mae loans.

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Fannie Mae Condominium Questionnaire - Limited Review

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