That makes me feel a little safer in my real estate investing for retirement porposes.This is just my mid-night rambling, I'll probably wake in the morning to read this and see that I had mae no reasonable sense. :)dustin

@Lawrence L.Agency loans are loans that are backed by either Freddie Mac, Fannie Mae or FHA.  

We looked at a few houses in Omaha and Fremont before we ended up finding a Fannie Mae foreclosure which we bought for $85,000 in July 2013.

Fannie Mae has issued new guide-lines stating that if you have a foreclosure on your record, you must wait five years before becoming eligible for a FM loan.

Hello BP colleaguesI just bought my first flip from Fannie Mae, and i found out that i can't sign a contract to sell it within 90 from closing.

Fannie Mae gave me the foreclosures, and bestplaces.net gave the economic info.

Is anyone familiar with buy from Fannie Mae Homepath?

Until that happens anything can happen, whether it is Fannie Mae or a traditional seller.

A conventional loan means it meets conforming standards so that Fannie Mae will purchase the loan to package it in a mortgage bond.

The interest is usually slightly higher and credit score should be 700 or better.Since the bank isn't going to sell the loan to Fannie Mae, they are a little more flexible in what they can do for a borrower.There really are no downsides to the loans.