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Updated about 9 years ago,
Loan rejected because home was for sale within past 6 months?!?
I've been working on doing a cash out refinance deal, and everything was going well until today. Got a call from the bank saying that since the home was listed for sale within the past 6 months that Fannie Mae wont accept the loan... thats the first I heard of that rule. Has anybody else run i to this? I know this game we play is an ever learning process, but this caught me off guard...