Updated almost 5 years ago on . Most recent reply
HomeStyle Loan
Hi BiggerPockets Members,
I am looking at purchasing a Fannie Mae home and was wondering if the HomeStyle Loan (for second homes or investment properties) was still available and if so, has any investor used this type of rehab loan.
Thanks,
Carol
Most Popular Reply
@Carol Lyons
Banks are still lending on homestyle loans. You need 15% down and it can only be a single family if you’re not occupying the property.
- Matthew Porcaro
The 203k Way