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Updated over 8 years ago,
How many conventional loans are you allow to have? July 2016
Hello,
I currently have 4 conventional loans. They are all investments. I contacted the loan officer who had helped with those loans to try and get a 5th investment. However, she advised me the rules had changed and I had already reach my limit.
I read some guidelines and I kinda understood it depend on how the loan was underwritten. That it was possible to have 6 to 10 loans.
As the rules and guidelines stand, how many mortgages loans can a buyer have?
I searched the forum and the posts I found go back 12 months. But I guess the rules recently changed.
Thank you in advance.