fannie mae condo rules: Mortgage News Update - 06/08/09 11:00 AM
Fannie Mae changed the rules for condo purchases. 70% of new projects (new construction) must be sold in order to qualify the unit as a Fannie Mae project. In the past, 51% of the units had to be under contract. Fannie Mae has tightened the guidelines in order to prevent further (0 comments)
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