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Updated almost 9 years ago on . Most recent reply

Account Closed
  • Investor
  • Jacksonville, FL
0
Votes |
8
Posts

Freddie Mac / HomeSteps

Account Closed
  • Investor
  • Jacksonville, FL
Posted

Is anyone familiar with Freddie Mac lending guidelines and/or HomeSteps Financing?

I’m looking to finance my 5th property (I have 3 rentals and my primary). It is a Freddie Mac HomeSteps home. I am getting very mixed responses from lenders. I contacted loan officer at BB&T (HomeSteps lender)- unfortunately she said she could not help me as Freddie cuts you off at 4. I then contacted a different lender- she said Freddie recently (Oct 2015) changed the guidelines to allow 6 mortgaged properties, but she is not a HomeSteps approved lender. 

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