How do the 2026 Fannie Mae and Freddie Mac condo rule changes affect my loan?

Starting August 3, 2026, every condo purchase goes through a full review of the association, no matter your down payment. The lender checks reserves, how many units are behind on HOA dues, owner occupancy, and litigation. A building where more than 15 percent of units are 60 days or more delinquent on dues can fail, and reserve requirements tighten again in January 2027. The practical takeaway: the building's finances matter as much as your credit, so verify eligibility early.