Additionally, have you considered these other options:Buy in your personal name using a conforming consumer loan, then transfer to your LLC per Fannie Mae's allowed exception, D1-4.1-02.  

Next, you will get best rates on the agency loans, backed by Fannie Mae or Freddie Mac, and you can transfer them into an LLC.  

@Summer SheltonUnless you are using commercial financing, you cannot buy a property through a Fannie Mae lender in the name of an LLC.  

Hello all,Newbie Real Estate Investor looking for some advice on purchasing a home in 2024.Currently leaning towards a Multifamily purchase (Maybe Duplex or Triplex) using the new 5% Fannie Mae Loan.DFW is continuing to expand and im currently weary of high home prices, i also believe Rates won't come down till late fall of 2024 (Thinking there will be good buying opportunity in the coming year).

A conventional conforming loan will follow Fannie Mae or Freddie Mac underwriting standards.

My wife and I are closing on a rental property on Thursday through a conventional Fannie/Freedie Mae loan.

You pay all the VA mortgages off, and either fill out online, or mail in, a form requesting a one-time restoration of entitlement even though you still own the home(s) that were originally purchased or refinance with a VA mortgage, based on you having paid those mortgages off (...via a refinance that wasn't a VA loan).Note that the Department of Veterans Affairs, and all eight zillion employees, are entirely and completely unaware that it's even possible to refinance a VA loan using a non-VA loan, and they also aren't aware that veterans don't ONLY get VA loans, so you REALLY have to read in between the lines to understand that if you take out a $200k Fannie Mae loan, and use the proceeds to pay off a VA loan with a $200k balance in full, you've paid off the VA loan while still retaining ownership of the property or properties. 

I state this because you can use a FHA 203K and/or a Fannie Mae HomeStyle loan. 

Fannie Mae just recently announced they will be decreasing the minimum down payment for 2-4 unit properties from 15-25% down to just 5% down!

You will not find a Fannie Mae low interest 30yr fixed option here.