Fannie Mae Financing

[Jill Herges]

I was told back in June by our lender that we cannot get a fixed rate 30 year mortgage on one of our rental homes (bought with cash) because Fannie Mae had put a hold on financing income properties. Checked today and that is still the case. Even new purchases. Is this what others have been told? So no option for fixed rate long term financing when interest rates are rock bottom and values are through the roof? What are others doing? Commercial or in house financing?