The Attached PUD (Planned Unit Development) Project Questionnaire is a critical Fannie Mae form designed to evaluate attached PUD properties before approving mortgage financing. Lenders use it to determine whether a project meets residential living standards, financial stability requirements, and federal regulatory guidelines.
The questionnaire covers six key areas: project identification (borrower names, project address, and unit type), ownership structure (verifying the property is not a timeshare, manufactured home, or live/work unit), HOA governance (control turnover to unit owners, percentage of units sold, delinquency rates, and litigation status), budget review (HOA reserve funding and assessment adequacy), insurance requirements (hazard, flood, and liability coverages with required endorsements), and certification by both the HOA and the lending institution.
This form is distinct from the Condo Questionnaire (Limited Review), which applies to condominium projects rather than PUD properties. For other Fannie Mae mortgage documents, see the Fannie Mae 1037 Form. HOA-managed projects may also require an HOA Proxy Form or an Association Resale Certificate.
| Question | Answer |
|---|---|
| Form Name | Attached PUD Project Questionnaire |
| Form Length | 3 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 45 sec |
| Other names | pud questionnaire, Fannie Mae PUD questionnaire, FNMA PUD questionnaire form, HOA questionnaire, CCRs |