Conventional mortgage options with a portfolio

[Greg Henderson]

I currently have 1 conventional mortgage on a home I no longer live in and it is currently rented. I'm looking to purchase another primary. I've got another 10 properties with commercial portfolio loans on them. Am I still qualified to get a fannie/freddie product for a primary or even an investment? Is the property limit global or does it only count conventional loans opened at one time? Can I close on a conventional loan and then quit claim it to a LLC to remove the # of units in my name restriction or would the loan be called due?

[Robin Simon]

The limit should only apply to the number of agency loans you have and wouldn't count any commercial loans you have I believe