We’re always looking for ways to make securing condo financing faster and more efficient. That’s why we’re excited to highlight a key upgrade in Fannie Mae’s underwriting system: Condo Project Manager (CPM) is now fully integrated into Desktop Underwriter (DU)!

What Does This Mean?

With CPM now built into DU, lenders can instantly determine whether a condo project is on Fannie Mae’s “Available” or “Unavailable” lists—before submitting a full review. While a Limited Review or Full Review questionnaire is still required (depending on occupancy and LTV), this integration helps avoid lengthy, uncertain condo reviews by providing upfront clarity on eligibility.

What are the benefits?

– Faster Approvals – Know sooner if a condo project meets Fannie Mae’s requirements.

– Fewer Delays – Avoid surprises later in the process with early visibility.

– Smoother Process – Reduce back-and-forth by confirming eligibility upfront.

Still Need a Condo Review?

While CPM helps expedite initial checks, a formal condo project review may still be necessary, depending on the loan specifics. Our team is here to guide you through the process and ensure a seamless experience.

Do you have questions about condo financing or project eligibility? Contact us today to learn more!