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Updated over 5 years ago on . Most recent reply

Rob Sawyer's profile image
Rob Sawyer's profile image
Rob Sawyer
  • Rental Property Investor
  • from Syracuse, NY
  • Member since Feb 2, 2017
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156
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72
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Rob Sawyer's profile image
Rob Sawyer's profile image
Rob Sawyer
  • Rental Property Investor
  • from Syracuse, NY
  • Member since Feb 2, 2017
Connect
Rob Sawyer
  • Rental Property Investor
  • Syracuse, NY
72
Votes |
156
Posts
Private Lending & Conventional Mortgage Advice

New Fannie Mae & Freddie Mac Loan Programs

Rob Sawyer
  • Rental Property Investor
  • Syracuse, NY
Posted

I recently read somewhere (maybe on BP?) about new Fannie Mae (Home Affordable??) & Freddie Mac (Home Possible) loan programs that rival FHA for loan down payments and favorable terms.

Has anyone taken advantage of either of these?

I seem to remember that Fannie Mae was restricted to SFH but that Freddie Mac could be used on 1-4 units.

Sounded quite good but does anyone have any insight/experience in using either of these? If so, please weigh in.

Thanks!

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