Freddie Mac Form 477 (Fannie Mae Form 1077) Condominium Project Questionnaire - Short Form

Freddie Mac Form 477 (Fannie Mae Form 1077) Condominium Project Questionnaire - Short Form

What Is Freddie Mac Form 477 (Fannie Mae Form 1077)?

This is a legal form that was released by the Federal Home Loan Mortgage Corporation (Freddie Mac) on March 1, 2016 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Freddie Mac Form 477?
A: Freddie Mac Form 477 is a questionnaire used for condominium projects.

Q: What is Fannie Mae Form 1077?
A: Fannie Mae Form 1077 is another name for Freddie Mac Form 477.

Q: What is the purpose of Form 477?
A: Form 477 is used to gather information about condominium projects for lending purposes.

Q: Who uses Form 477?
A: Lenders, mortgage brokers, and loan underwriters use Form 477.

Q: What information does Form 477 require?
A: Form 477 asks for details about the condominium project, such as its legal structure, financial stability, insurance coverage, and maintenance.

Q: Why is Form 477 important?
A: Form 477 helps lenders assess the eligibility and risk associated with lending on a particular condominium project.

Q: Is Form 477 mandatory?
A: The use of Form 477 is not mandatory, but many lenders and loan underwriters require it.

Q: Are there any fees associated with Form 477?
A: There are no fees associated with submitting Form 477.

Q: Can I complete Form 477 on my own?
A: Form 477 is typically completed by the condominium association or its authorized representative.

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Form Details:

  • Released on March 1, 2016;
  • The latest available edition released by the Federal Home Loan Mortgage Corporation (Freddie Mac);
  • Easy to use and ready to print;
  • Yours to fill out and keep for your records;
  • Compatible with most PDF-viewing applications;

Download a fillable version of Freddie Mac Form 477 (Fannie Mae Form 1077) by clicking the link below or browse more documents and templates provided by the Federal Home Loan Mortgage Corporation (Freddie Mac).

Download Freddie Mac Form 477 (Fannie Mae Form 1077) Condominium Project Questionnaire - Short Form

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