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  • Condo Project Document Checklist Form 1030

Get Condo Project Document Checklist Form 1030

Fannie Mae Form 1030 (1209). Lender Name. Seller/Servicer No. Lender Address. City. State. ZIP Code. Legal/Construction/Marketing Phases Covered by This .

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Related content

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Citations Affected IC 16-18-2 IC 16-21-6-6 IC 16-39-5-3 - In IC 12-7-2 IC 12-17 - In 195 DIGEST OF INTRODUCED BILL Citations Affected: IC 24-2-1 - In Citations Affected IC 4-22-2-28 IC 13-14 IC 13-17-2 IC 13-18-1 IC 13-19-2 - In

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1 – Project Eligibility Review Service (PERS) is a project-acceptance review service for FNMA seller/servicers for new or newly-converted and established condo projects. This fee-based service requires lenders to submit by email the complete project package to FNMA for approval.

Fannie Mae's Project Eligibility Review Service (PERS) allows lenders to submit new and established project information for a Fannie Mae eligibility review.

The criteria for a full review is that the condominium needs to have 51% or more of its units be an owner occupant. This means it needs to be a warrantable condominium unit. Mortgage lenders do not want to see any more than 15% of the condo homeowners association dues delinquent for more than 30 days.

Fannie Mae's Condo Project Managerâ„¢ (CPMâ„¢) is a free, web-based tool that enables lenders to quickly and easily certify a condominium project (or a legal phase of a project). The project must be eligible under the Full Review requirements.

Fannie Mae's Project Eligibility Review Service (PERS) allows lenders to submit new and established project information for a Fannie Mae eligibility review.

Notify the lender of a decision (Approved, Approved with Conditions, Suspended, or Declined) within 10 to 15 business days from receipt of the complete package, and provide a PERS invoice via email.

The criteria for a full review is that the condominium needs to have 51% or more of its units be an owner occupant. This means it needs to be a warrantable condominium unit. Mortgage lenders do not want to see any more than 15% of the condo homeowners association dues delinquent for more than 30 days.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232