Conduct thorough reviews of condominium project documentation, including declarations, bylaws, budgets, financial statements, insurance policies, and legal documents.
Utilize Fannie Mae's Condo Project Manager (CPM) to assess project eligibility and compliance with Fannie Mae guidelines.
Utilize Freddie Mac's Condo Project Advisor to assess project eligibility and compliance with Freddie Mac guidelines.
Evaluate and submit projects for compliance with FHA and VA single-unit approval requirements.
Identify and analyze potential risks associated with condominium projects.
Determine project eligibility based on agency guidelines and internal risk parameters.
Maintain accurate and organized project files.
Prepare detailed reports summarizing project analysis findings.
Communicate findings and recommendations to underwriters, loan officers, processors, and other stakeholders.
Ensure all documentation is compliant with agency and company requirements.
Stay up-to-date on changes to Fannie Mae, Freddie Mac, FHA, and VA condo project guidelines.
Provide guidance to internal teams on condo project eligibility and compliance.
Collaborate with underwriters, loan processors, and other team members.
Communicate effectively with external parties, including HOAs, property managers, and title companies.
Provide training and support to internal teams on condo project analysis.

Minimum of 1-2 years of experience in mortgage LOA, third-party doc specialist, processing and/or condo project analysis
A foundational understanding of condominium project documentation
A baseline knowledge of Fannie Mae, Freddie Mac, FHA, and VA condo guidelines
Experience reading automated underwriting systems feedback and (AUS) and reviewing loan conditions

Mortgage Condo Project Analyst

About this role