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Updated about 3 years ago,
Renting out Primary home and Buying another
What are the Fannie Mae mortgage underwriting guidelines for Renting out Primary home and buying another primary home?
I'm planning on 5% down conventional mortgage and having six months of PITI for rental property.
will I need to have a signed rental agreement in place to offset mortgage DTI or will I have to qualify for both mortgages.
Thank you.