Condo Financing Changes: What Realtors Need to Know
About this Event
Condo Financing Changes: What Realtors Need to Know
Big condo financing changes are coming! Realtors need to be ready. If you sell or list condos, important lending and underwriting shifts are on the horizon.
Fannie Mae and Freddie Mac are continuing to tighten condo project requirements, with increased focus on HOA reserves, deferred maintenance, structural issues, insurance coverage, and special assessments.
One of the biggest updates: for many projects, reserve funding expectations are moving from 10% to 15% of the HOA’s annual operating budget.
Why this matters
A financially healthy HOA is becoming increasingly critical to whether a buyer can obtain conventional financing. That means a condo can be beautiful, the buyer can be highly qualified—and the HOA can still be the factor that delays or prevents approval.
In this class, we’ll cover:
What’s changing in condo financing (and what to watch for next), the red flags to look for, and how to help protect your transactions.
Event Details
Date: September 17
Time: 10:00 AM
Location: McMenamins Kennedy School
Perfect for Realtors working with condo buyers and sellers who want to avoid surprises, strengthen offers, and keep transactions moving smoothly.
Where is it happening?
Event Location & Nearby Stays:
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