New Condo Financing Rules 2026: What Buyers & Sellers Must Know

Condo financing just changed — and most buyers, sellers, and even agents haven't caught up yet. This week on Laricy Live, Ben Cohen and Condo Colin from Rate break down the biggest shift in condo lending in years: stricter building reviews, longer loan approval timelines, and new requirements condo associations now have to meet before a buyer can even get financed. We cover: - Why condo loan approvals are taking longer in 2026 - What lenders are now requiring from condo associations - How these changes affect buyers trying to close on time - What sellers need to know before listing a condo - What HOA boards should be doing right now to avoid delays If you're buying, selling, or financing a condo — this is the episode that explains what's actually changed and what to do about it. 🔔 Subscribe to Laricy Live for weekly real estate insights from Chicago's western suburbs and beyond.