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Updated over 6 years ago,

User Stats

346
Posts
93
Votes
Gabe G.
  • Greenwood, IN
93
Votes |
346
Posts

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

Gabe G.
  • Greenwood, IN
Posted

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

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