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Updated over 4 years ago, 05/12/2020
fannie mae requirements
Hi Anthony,
My girlfriend and I are interested in the fannie mae project ( small 2 family ). We intend to buy, rehab , rent & hold, potentially sell depending on the market. I searched the eligibility income tool to see if we qualified, I was unsure of what they meant by 75,000 for the median income in the neighborhood. Is that for an individual ? or for two people ( 150,000 ) ?
Thanks guys!