By Ivan Mora · Florida-licensed real estate agent, License #3454593 · Updated November 12, 2026
A Hollywood condo lender questionnaire closing issue is usually a project-document question, not simply a borrower pre-approval question. Identify the buyer’s lender requirements, route the questionnaire to the authorized association representative and track supporting documents and follow-up requests. Missing or inconsistent answers can affect the file, but no agent should promise approval or fill uncertain fields with guesses. Ask the lender what remains unresolved before choosing an aggressive closing date.
Distinguish borrower approval from condo project review
A lender’s review of the buyer does not settle its acceptance of the condominium project. Ask the lender which questionnaire and supporting records it requires for the actual loan. Different lenders and products can require different reviews.
Find the authorized respondent and current process
Ask the association who may complete the form, how it is requested and what current processing terms apply. Route unanswered questions to that representative. Do not have the seller or agent certify reserve balances, litigation or repair status they cannot verify. Confirm any fee and expected response directly instead of importing another building’s practice.
Match answers with dated supporting documents
Track requested budgets, insurance evidence, assessments and inspection/repair records. If a response differs from a report or a recent notice, ask the respondent and lender to reconcile it. Do not sanitize adverse information to preserve an approval.
Condo closing readiness
Let’s identify the missing association answers before closing.
Send Ivan the property address and the records you have. Call or text 8am–6pm, 7 days a week; technical, legal and coverage findings require the appropriate professional.
Escalate unresolved repair and insurance questions
Have the lender identify the specific missing fact and the appropriate specialist respond. Engineering conclusions require the engineer; coverage questions require the insurance professional. A repaired unit does not establish that building-wide work is complete. Do not label the project eligible or ineligible solely from an agent’s reading of the questionnaire.
Track deadlines with an evidence log
- Lender form and requested attachments.
- Authorized contact and request date.
- Completed response and missing facts.
- Lender follow-up and responsible respondent.
- Written lender status and remaining contract deadlines.
Have qualified counsel address any necessary contract changes. Use the mortgage pre-approval guide for borrower preparation without implying it completes this project review.
Project standards and statutory evidence
Fannie Mae B4-2.1-03 addresses project risks including critical repairs, litigation, commercial space and ownership concentration. Have the actual lender identify the review pathway and current requirements rather than extrapolating approval from one answer. Reports under §553.899 and reserves under §718.112(2)(g) are relevant evidence, not automatic agency eligibility. Local building-safety recertification and state milestone inspections are separate records; obtain both applicable compliance trails.
Sources and scope
- Fannie Mae Selling Guide — Project-review reference, not a determination of this loan
- Florida DBPR condominiums — Condominium guidance reference; current requirements remain to be verified
- Fannie Mae B4-2.1-03 — Project standards and statutory evidence; apply to the actual property with the relevant professional
- §553.899 — Project standards and statutory evidence; apply to the actual property with the relevant professional
- §718.112(2)(g) — Project standards and statutory evidence; apply to the actual property with the relevant professional
Statutory text checked November 12, 2026. Educational guidance, not legal, engineering, lending or insurance advice. Building-specific deadlines, repairs, funding and coverage require current documents and qualified professional review. No association costs, inspection outcomes or insurance quotes are assumed.