Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Conditional Project Approval
Fannie Mae
Updated 10-31-2026
Conditional Project Approval
The first stage of Fannie Mae's approval of a condo, co-op, or PUD project. It is issued after a preliminary review of the project, and it specifies any conditions that must be satisfied before Fannie Mae will issue a final approval for the project.
Fannie Mae Glossary of Terms
Fannie Mae · p. 8
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