May 3, 2022July 15, 2022prestonware Buy a Condo with as Little as 3% Down 3% to 5% down on a Condominium For this to happen the HOA needs to qualify. Usually the most important question on the condo questionaire is the reserve requirement question. Fannie Mae/Freddie Mac require a 10% reserve requirement Share this:TwitterFacebookLike this:Like Loading...