Condo Refinance Rejected Because Property is not 100% completeHello, I am trying to refinance my condo 10/1 ARM into a 30yr fixed. A lender offered me 3.25% and then rescinded once the Association Questionnaire was produced. It seems as if of the 619 total units to be built, only 613 are complete. Fanny Mae rejected the loan on the basis of the association not being 100% complete. The problem is the 6 outstanding units represent the sales office and will not be converted until the property is sold out (currently 94% sold). Do I have any recourse here? It seems as if those units should count as being completed since they are technically finished. Does Fanny allow for exceptions like this, or is it a blanket policy that 100% must be complete?Thanks,TimJune 13 2013 - Grays Ferry00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.