Fannie Mae 2-4 Unit Loans

[Andrew Bosco]

Hey all! 

This helps out house-hackers (like myself) a ton. Starting Nov 18th, buyers can purchase 2-4 unit primary home with only 5% down. FHA is still a good option, but the fact that you can get a 2 family to owner occupy at 5% conventional is a great tool in your toolkit. Getting rid of income restrictions should help out others to put low money down.

How do you think this will impact the buying market?