Patrick L Norman
Senior Loan Officer, CrossCountry Mortgage

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.

Every piece inside has one-tap share buttons for Facebook, Instagram, and LinkedIn - post it as your own in seconds.
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.

Highlights Full deck One-page summary PDF
Investment property 10% down fit screen one-page summary New program

Your investor client may not need 25% down

A conventional path to a non-owner-occupied purchase with 10% down and no mortgage insurance, on one- to four-unit properties. The qualifying gates, the counterintuitive minimum-LTV rule, and a one-page fit screen you can run against a client in two minutes.

Highlights Full deck One-page fit screen 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.