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Updated almost 4 years ago on . Most recent reply

Kevin Mcnair's profile image
Kevin Mcnair's profile image
Kevin Mcnair
  • from Chesterfield, Virginia
  • Member since Nov 8, 2014
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Kevin Mcnair's profile image
Kevin Mcnair's profile image
Kevin Mcnair
  • from Chesterfield, Virginia
  • Member since Nov 8, 2014
Connect
Kevin Mcnair
  • Chesterfield, VA
0
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14
Posts
Private Lending & Conventional Mortgage Advice

New Fannie Rules for SFH investment Help

Kevin Mcnair
  • Chesterfield, VA
Posted

I bought my 3rd SFH investment property last month ( 3/5) and paid 25% down with a 3.15% rate on a 30 year conventional. The bank told me I get another with the same numbers but today (4/2) after the Fannie Mae changes it jumped to 40% down with a 4.5% rate. Are there any banks that still offer 25% down with rates under 5%?

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