03/20/2026
Big update from Fannie Mae that rental condo owners should be aware of.
New changes include:
• Reserve requirements increasing from 10% → 15%
• $50,000 max per-unit insurance deductibles
• Greater need for H06 (unit owner) coverage
• Stricter expectations around how condo associations are funded
What this actually means for you as an owner:
• Condo fees may increase over time
• Special assessments could still happen if reserves aren’t handled properly
• You may be responsible for more out-of-pocket costs than you think
• Financing (and resale) could be impacted if the building doesn’t meet guidelines
Most owners don’t pay attention to this until it becomes a problem.
These are the types of changes that are worth staying ahead of—especially if you own a rental condo or are thinking about investing in one.
If you have questions about how this might impact your property, feel free to reach out.
