Stephen Stokes
Fannie Mae Cash Out LTV and Seasoning
29 August 2017 | 11 replies
Does anyone have a suggestion how to get around the Fannie Mae 6 month seasoning and 70% LTV requirements for cash out refinance on multi-fam?
Becky C.
North of Boston MA Advice on Renovations and Returns
26 August 2017 | 5 replies
Oh also can anyone recommend good local mortgage brokers or lenders for renovation loans such as the Fannie Mae Homestyle loan or similar products?
Graham Smith
4 unit foreclosure - owner occupied but still 25% down?
25 August 2017 | 6 replies
It is a Fannie Mae property.
Daniel McCauley
Reserves - Current home/Rental Property
25 August 2017 | 3 replies
Guidelines from Fannie Mae:-Calculation of Reserves for Multiple Financed PropertiesIf the borrower owns other financed properties (determined in accordance with B2-2-03, Multiple Financed Properties for the Same Borrower), additional reserves must be calculated and documented for financed properties other than the subject property and the borrower’s principal residence.
Ari Bauer
Refinancing a property in an irrevocable trust
25 August 2017 | 6 replies
For the lurkers: Fannie Mae is totally cool with a revocable living trust, even at closing, for all property types - including residential investment properties.
Lucas Hallenbeck
first financing- hard money/private lender or traditional loan
4 September 2017 | 17 replies
@Lucas Hallenbeck you could also look into HomeStyle Fannie Mae loan if you aren't purchasing a place that is turn key.
Laramie Hiebner
What loans are people using after the 10th Loan?
30 August 2017 | 12 replies
are still lost.The 10 loan limit ONLY applies to conventional loans, backed by Fannie Mae and Freddie Mac.
Bryce Stclair
Investment property mortgage stuff and junk
4 September 2017 | 3 replies
Conventional loans are the loans governed by Fannie Mae and Freddie Mac (if you recognize those names) and they are the lowest rate and best terms on a loan you can find.
Adrian Moreno
Options for mortgages under entity
4 September 2017 | 3 replies
Also, you can only get a commercial mortgage under an LLC, preventing you from using FHA or Fannie Mae loans.
Deandre P.
Refinacing a free and clear property/Seasoning Requirements
4 September 2017 | 4 replies
Conventional loans are governed by Fannie Mae and Freddie Mac (if you recognize those names).