Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago,
Requirements for Conventional 97?
Hey all, what are the general requirements for a Conventional 97 loan? I believe it's through Fannie Mae. I'm a first-time home buyer and I know these loans are intended for single-home residential properties, in which I would want to use it for, but what are the other requirements i.e. credit, income(s), etc? Thanks in advance for any and all help! I appreciate it.