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Updated almost 7 years ago,
10 mortgage limit question
When doing a refi, how does the 10 mortgage limit work? I did a refi last year and ran into that issue, but since I was at 10, it didn't matter. I guess my question is, do portfolio loans count towards the 10 mortgage limit? All of my rentals except the one I refinanced are through local banks and are not sold to Fannie or Freddie. Will Fannie or Freddie count these as mortgages?