C-002 Fannie Mae Condo Project Manager (CPM) Requirement

FLCBank reminds all Correspondent Customers of Fannie Mae’s requirement announced via Bulletin SEL 2023-02.

Effective with loan applications dated on or after July 1, 2023, lenders must use Fannie Mae’s Condo Project Manager (CPM) when a Lender Full Project Review is required.

Please ensure a copy of the Condo Project Manager (CPM) approval is included in the loan package submitted for FLCBank for pre-purchase review.