We purchased the home with FHA loan at 2.75 %Our rate is excellent but we are looking to purchase our next MF and need some advice on how to get into it.I know Fannie Mae has a 5% down MF loan program as long as we move into it.

GSE Reform: Moving toward privatization of Fannie Mae and Freddie Mac3.

Most of my customers who own their own land typically use Fannie Mae since it offers a ower Dp for 2-4 units and the guide lines are more lienant. 

Hey everyone,Has anyone used the Fannie Mae 5% down loan program to purchase a second MF home?

FHA 203k and Fannie Mae HomeStyle.

@Mae Dungo I personally think that spending almost $20k is an exorbitant amount of money for a mentor.

After all, most lenders just use the standard Fannie Mae template...

This BP topic, Total Available Market - 2, 3, and 4 units, describes the Raleigh market for property that meets Fannie Mae 1-4 Family underwriting. 

Purchase with a Fanne Mae HomeStyle - put only 5% down and get all the money to purchase and all the money to renovate and to create equity. 

If you can qualify for conventional financing, a HomeStyle Renovation loan by Fannie Mae will let you do property improvements and not need to do a refinance once completed!