Freddie Mac Seller/Servicer Guide 5701.5: Established Condominium Projects
Effective for Mortgages with Application Received Dates on or after August 3, 2026.
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 5701.5 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Project completion requirements for Established Condominium Projects
- (b) Project budget requirements for Established Condominium Projects
- (c) Delinquent assessments for Established Condominium Projects
- (d) Requirements when a Seller relies on a project reserve study for Established Condominium Projects
- (e) Requirements when an Established Condominium Project contains Manufactured Homes
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.

