fannie 10 loan limit. I have 10 mortgages, can i purchase primary

[Gabe G.]

I currently have 10 mortgages. 9 rentals. And the one i live in.

Under the current fannie mae rules. Would I be able to buy another house, that I will be occupying, before I sell my current primary residence? I have my current house for sale, but am wondering if fannie rules allow, me to buy and close on a primary residence, without selling my current one first?  Thank you

[Jeff Dulla]

@Gabe G. Directly from Allregs  Fannie Mae's guides:

Limits on the Number of Financed Properties

If the mortgage loan being delivered to Fannie Mae is secured by the borrower’s principal residence, there are no limitations on the number of other properties that the borrower will have financed. If the mortgage is secured by a second home or an investment property, the multiple financed properties policy applies. The maximum number of financed properties that are permitted is based on the underwriting method, as described later in this topic.