2026 Healthy Condo Check

This 7 question check-up is designed to be quick and easy. You won’t need to dig through a mountain of paperwork—most board members can answer these questions from memory.

This is a high-level overview to see how your community aligns with the new 2026 lending standards. It is just a starting point, so we aren’t looking for perfection, and we aren’t asking for any private data.

Think of this as a quick wellness check—we’re here to help you navigate the fine print, not to add more to your plate.”

If you’re unsure about an answer, just check ‘Not Sure’ and we can figure it out together.

The Why: Lenders now require a specific percentage of every dollar collected to be saved for future repairs. If this isn’t clearly labeled, it can trigger a “Full Review” failure.

The Why: Lenders now scan minutes for “Red Flag” keywords. Having them ready and “clean” is the first step to staying off the lending blacklist.

The Why: New 2026 rules now allow these “per-unit” deductibles, but they have put a strict cap on how high these per-unit deductibles can be. If yours is too high, owners may find it impossible to get a mortgage.

The Why: There is a “hard limit” on delinquencies. For example, if just 2 owners in a 10-unit building fall behind, you’ve already crossed the line. If too many neighbors aren’t paying their share, the bank views the whole building as a risky investment and will stop approving loans for the entire community.

The Why: If the association’s legal status is “Inactive” or “Expired,” it can halt a home sale at the very last minute.

The Why: A large unplanned assessment can be a “deal-breaker” for lenders. We help boards find ways to plan for these repairs so they don’t become a crisis.

The Why: Oregon law (ORS 100.175) requires an annual review of your reserves, but lenders have a stricter 3-year rule. If you haven’t had a professional look at your “big ticket” items (like the roof or siding) lately, it can trigger a loan denial for your owners.