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You are probably asking about the owner-occupancy requirements relative to the tenant-occupancy rates in the community.

Lately, this has been a moving target, with several changes and adjustments being made by Fannie Mae during the past 12 months.

Your local realtor can help you determine the current requirements for the area where you plan to seek a mortgage on a condominium unit.

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Q: What are the fannie Mae occupancy requirements for existing condos?
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