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Updated over 15 years ago on . Most recent reply

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22
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Fermin G.
  • Real Estate Investor
  • Massachusetts
0
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22
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Fannie/Freddie Number of mortgages you can hold?

Fermin G.
  • Real Estate Investor
  • Massachusetts
Posted

Hello all,

How many mortgages can you now have with Fannie/Freddie at one time?

Most Popular Reply

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Will Barnard
  • Developer
  • Santa Clarita, CA
10,946
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Will Barnard
  • Developer
  • Santa Clarita, CA
ModeratorReplied

To be more precise, only Fannie allows up to 10 properties with a min 720 credit score, 6 months reserves of PITIA.
Freddie remains at 4 which is why you could have a problem getting up to 10 with several lenders as they sell to both Fannie and Freddie. Your best bet is to locate a lender who sells the loans ONLY to Fannie. Until Freddie follows, the 10 property limit is not always the case.

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