Does your condo meet Fannie Mae’s 15% reserve rule?
Find out in 60 seconds. See what the 2027 rule costs your community — and whether your reserve study gets you out of it.
What the rule says
Read the full guide →Jan 4, 2027
Applies to loan applications dated on or after this day. No fines, no letters — just closings that stall.
10% → 15%
Condo budgets must send at least 15% of annual assessment income to replacement reserves, up from 10%.
The exemption
Fund a reserve study updated within three years at its highest recommended level and the 15% floor doesn’t apply.