Multiple Mortgages more then 4

[Gary Burnham Jr.]

I currently own the max 4 mortgages on 3 investment properties and 1 residential home. I am going to purchase more rental ivestment properties in the future. Has anyone heard of the new rules regarding multiple mortgages? I am under the understanding my only option would be a portfolio loan on the 5th mortgage. Is this correct? Are the interest typically higher on portfolio loans? Any information would be greatly appreciated. Thanks.

[David Beard]

citimortgage.com will do up to 10 loans. After loan 4, need FICO of 720, 6 mths PITI cash reserves on all properties, no mtg late pays in prior 12 mths, and LTVs are lower (75% SFR, 70% 2-4 unit, sometimes reduced another 5 pts if the property is in a neighborhood deemed higher risk).