Section 2103

Loan Documents

Requirements

Loan Documents
For a... You must ensure execution of...
Wholly-Owned CondominiumWholly-Owned CondominiumResidential Condominium Property where the Borrower owns 100% of the units.
  • Modifications to Multifamily Loan and Security Agreement (Condominium Provisions) (Form 6202); and
  • Modifications to Security Instrument (Condominium Subordination) (Form 6304).
Fractured Condominium or Commercial Condominium
  • Modifications to Multifamily Loan and Security Agreement (Fractured/Commercial Condominium Provisions) (Form 6258);
  • Estoppel Certificate attached to Form 6258, executed by the condominium association;
  • Modifications to Security Instrument (Condominium Subordination) (Form 6304); and
  • Guaranty of Non-Recourse Obligations (Form 6015).