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Updated almost 4 years ago, 02/22/2021

Geoffrey Gabala's profile image
Geoffrey Gabala's profile image
Geoffrey Gabala
  • from Cincinnati, OH
  • Member since Jun 25, 2020
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User Stats

12
Posts
5
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Geoffrey Gabala's profile image
Geoffrey Gabala's profile image
Geoffrey Gabala
  • from Cincinnati, OH
  • Member since Jun 25, 2020
Connect
Geoffrey Gabala
  • Cincinnati, OH
5
Votes |
12
Posts
Private Lending & Conventional Mortgage Advice

Freddie Mac Home Possible Loan Change

Geoffrey Gabala
  • Cincinnati, OH
Posted

Hello,

Has anyone heard about changes to the Freddie Mac Home Possible Loan for multifamily (2-4 units)?

We just got into contract to find out that the 5% down will only be honored with a closing date of 2/15/2021. Anything closing using a HP loan beginning today requires 15% for mf.

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