Why August 3rd Will Change the US Condo Market Forever

Starting August 3, 2026, Fannie Mae and Freddie Mac are permanently ending the "Limited Review" shortcut for condo financing, requiring almost every loan in buildings with more than ten units to undergo a strict financial background check. In this video, we break down Lender Letter LL-2026-03 and explain how mandatory reserve funds, milestone inspections, and rising insurance costs are making thousands of coastal buildings non-warrantable. From plunging values in Florida to tightening lending across California and beyond, learn how these new federal standards are reshaping the condo market and what it means if you own, buy, or sell. ​ Disclaimer: This video is intended solely for educational and informational purposes and does not constitute financial, legal, mortgage, or real estate advice. Always consult with a qualified professional before making any financial decisions.