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Exhibit D.2 FNMA Reciprocal Project Review Fannie Mae Reciprocal Project Approval Borrower: Borrower:Date: Project:FLUB Loan #(s):Location (city, state):a) The Project is eligible to Fannie Mae because
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01
Gather all necessary documents such as financial records, tax returns, and employment verification.
02
Complete all required forms provided by the condo co-op or pud association.
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Submit all necessary information and documentation to the association for review.
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Attend any required meetings or interviews with the association.
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Complete any additional steps or requirements as outlined by the association.
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Wait for approval or denial of your application.

Who needs condo co-op and pud?

01
Individuals looking to purchase a unit in a condominium complex or co-op building.
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Individuals looking to purchase a property in a planned unit development (PUD).
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Condo, co-op, and pud are different types of housing ownership. Condo is a privately owned individual unit within a larger building or community. Co-op is a type of housing where residents own shares in the corporation that owns the property. PUD stands for Planned Unit Development, which is a community of homes with shared common areas.
Owners or corporations that own and operate condo, co-op, or pud properties are required to file the necessary paperwork.
The paperwork for condo, co-op, and pud properties can usually be filled out online or through a property management company. Owners will need to provide information about the property, finances, and ownership structure.
The purpose of condo, co-op, and pud properties is to provide different options for home ownership and community living.
Information that must be reported includes property details, financial information, ownership structure, and any changes in ownership.
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