A Condo Project Manager (CPM) approval is the most common type of condominium association approval because it is automated. The CPM is Fannie Mae software to review whether a condominium meets requirements and is utilized for both new and existing condos. A CPM approval is good for six months, though some of the required documents will expire and will need to be updated.
Freddie Mac does not have an automated approval process.
Questions? Ajaffe@firsthome.com or 240 479 7658
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