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Non-Gut Rehabilitation

Fannie Mae

Updated 10-31-2026

Non-Gut Rehabilitation

A project that has been developed by rehabilitating an existing building and converted into individual units. The building, its mechanical equipment, and individual units typically have not been substantially rehabilitated or replaced.

Fannie Mae Glossary of Terms

Fannie Mae · p. 34

FreddieMac

Updated 10-31-2026

Non-Gut Rehabilitation

The repair and restoration of an existing building(s) that does not involve substantial rehabilitation of the building(s) or individual units or the substantial replacement of mechanical equipment.

FreddieMac Glossary

FreddieMac · p. 29

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