Conventional loans are loans that conform to the Fannie Mae and Freddie Mac guidelines.

There is an exception here that if you are buying your primary home and need a loan you can go above this limit (not every bank follows this...but more on this in a second)So what we need to do is point you in the direction of "portfolio" loans...sometimes they are called "commercial" loans but essentially these are loans that are NOT governed by Fannie Mae or Freddie Mac. 

Once you were done with all rehab, you could then refinance the loan to a Fannie Mae loan or and FHA, depending on your circumstances? 

@Toni Annis I worked for a broker and managed REOs (HUD, Freddie Mac, Fannie Mae, BOA, WF, and some smaller banks) and we were able to give out information regarding when we would list.

Thanks allEmma Hi Emma,Fannie Mae HomeReady. 

Fannie Mae dropped the property price to all the way to 69K.

They are just starting out, but already some posts there about Amsterdam and The Hague (where I am active).www.vastgoedbeleggersforum.nl (realestateinvestorsforum)

She can get a Fannie Mae or Freddie Mac loan with a 620 credit score.

There are too many rules and regulations to allow anyone to make money on these programs.As far as owner assistance and carry back, you are going to have a difficult time making it work with a Fannie Mae standards loan. 

It's happening again.360 Mortgage Group plans as much as $1 billion in “NINA” loansIt’s important to note that despite the loan carrying the “Agency” name, which would imply that one of the government-sponsored enterprises is backing the loan, neither Fannie Mae nor Freddie Mac is backing these loans.Initially, the loan will be available for non-owner-occupied investment properties only.https://www.housingwire.com/articles/48810-no-income-no-asset-mortgages-are-back-at-one-lender-at-least