Patrick L Norman - CrossCountry Mortgage

Industry Updates

Guideline, program, and market changes that affect your business - explained in plain English, with what to do about them. Built for real estate agents, HOA boards, managers, and industry partners.

Condo financing changes one-page summary

Guideline change

Will your condo still be financeable in 2027?

Fannie Mae / Freddie Mac condo changes: 15% reserves (Jan 2027), limited review eliminated (Aug 2026), new insurance rules (Jul 2026). Key dates, before vs. after, and the action plan for agents, boards, and owners.

Presentation One-page summary PDF

For real estate & industry professionals - not for consumer distribution. Equal Housing Opportunity. All loans subject to underwriting approval; certain restrictions apply. Patrick L Norman, Senior Loan Officer, CrossCountry Mortgage, LLC. LO NMLS #303097, Company NMLS #3029 (www.nmlsconsumeraccess.org). 4100 Monument Corner Dr. Suite 130, Fairfax, VA 22030. Guidelines subject to change; verify current requirements per transaction. Not legal, tax, or insurance advice.