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Updated almost 4 years ago on . Most recent reply

Loan Hacking? No more personal loans for investments allowed?
Hello all,
My broker said that Fannie and Freddie are going to be stricter here in the coming months? I tried to ask her about the 4 loans then up to 10 allowed for personal loans or something like that. She was saying you will not be able to rent out a "personal" residence starting soon?
I am sorry if I am wording this incorrectly but, I hope you get the gist.
Do I need to just reach out to a new broker that maybe deals with investing more? She has been a broker for 30 years.
Any suggestions would be awesome!
Thank you