Also known as Fannie Mae, the Federal National Mortgage Association (FNMA) is a government-backed enterprise that buys and securitizes mortgages. FNMA aims to provide affordable housing financing options to low and moderate-income families nationwide.
If you’re looking to sell your condo unit, FNMA approval can make your property more appealing to potential buyers. Most lenders require FNMA approval before they can greenlight a mortgage loan, which many homebuyers rely on to finance their purchase.
At American Condo Approvals, we specialize in securing HUD/FHA, VA, and FNMA approval for condominium communities. Our team of experienced developers, HOA directors, property managers, and project consultants has mastered the art of project approval across the nation, and we’re eager to work for you.
For FNMA condo approval, your condo association must fulfill certain criteria:
We at American Condo Approvals are experienced in working with condo associations, developers, and lenders. Our services include:
Our team comprises experienced real estate consultants dedicated to simplifying the complex condo approval process for our clients. We take pride in our successful track record of obtaining FNMA approvals for condos of all sizes. Reach out to us today to learn how we can facilitate your condo’s FNMA approval.