Mortgage - FNMA / FREDDIE MTG Points on Investment Properties

[Kevin Urban]

Hello,

Recent loan estimates from my mortgage broker are now showing additional points from Fannie Mae/Freddie Mac for investment properties. I'm told it's a new policy of FNMA/FRE for investment properties with less than 30% down payment. Curious if others are seeing this? In my case it was 1.75% on a $200k loan, so an additional $3500 at closing. Not necessarily a deal breaker, but just another hurdle in a rising rate environment. Any feedback would be appreciated. Thanks!