{"id":7039694,"date":"2026-08-16T19:19:53","date_gmt":"2026-08-16T19:19:53","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/real-estate\/new-condo-loan-rules-are-here-heres-what-madison-area-sellers-should-do-now\/"},"modified":"2026-08-16T19:19:53","modified_gmt":"2026-08-16T19:19:53","slug":"new-condo-loan-rules-are-here-heres-what-madison-area-sellers-should-do-now","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=7039694","title":{"rendered":"New condo loan rules are here \u2014 Here’s what Madison area sellers should do now"},"content":{"rendered":"


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Changes are underway in the condominium lending world, and if you’re planning to sell your Madison area condo<\/a> in the next year or two, they are worth understanding now \u2014 before they affect your sale.<\/p>\n

Beginning this month, mortgage lenders will be required to dig deeper into a condo association’s finances and insurance before approving a buyer’s loan.\u00a0In plain terms: if your association’s budget\u00a0and insurance don’t meet new lending guidelines, it could become harder for your buyers to get a conventional loan\u00a0 \u2014 which can slow down a sale. The good news is that with some\u00a0proactive planning, you and your association can get ahead of it.<\/p>\n

Here’s what’s changing, and what we recommend you do about it.\u00a0<\/p>\n

\"New<\/p>\n

(photo courtesy of Step Inside Media<\/a>)\u00a0<\/em><\/p>\n

Beginning August of 2026<\/h3>\n

Lenders will be required to conduct more thorough reviews during the underwriting process. For most condos, this means a closer look at:<\/p>\n