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18 March 2018 | 39 replies
If this is a Fannie Mae or Freddie Mac underwritten mortgage, your bank contacts aren't going to help you unravel a (single) FNMA defaulted, securitized note.
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21 December 2018 | 6 replies
In 2011 I bought a condo (Fannie Mae foreclosure) in Northwest Reno, NV (Robb Drive off of I-80).
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19 June 2018 | 7 replies
Developers and HOAs go to him for advice to attain information and structure to be Fannie Mae approved.
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3 April 2018 | 2 replies
Make sure you buy in a condo that is fannie mae approved, that guarantees an exit strategy, and a increased chance of appreciation.
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24 October 2017 | 2 replies
Thank you very much.Property is Being Sold Subject to HUD Guidelines 24 CFR 206.125This property is a Fannie Mae Reverse Mortgage REO.The code above allows an heir to purchase the property at 95% of the listed price.Other stipulations of this type of property include:Property cannot be sold below appraised value (LIST PRICE)No mediationNo electronic signaturesNo repairs, “AS IS AT TIME OF CLOSING”No buyer closing costs paid by seller are allowed on the HUDBuyer pays HOA Doc & Transfer FeeNo utilities are on.
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4 November 2017 | 9 replies
The Conventional Rules For a Cash Out LoanFannie Mae and Freddie Mac are the Government Agencies that sponsor conventional lending.
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2 March 2018 | 13 replies
@Scot Howat There conventional loans such as Fannie Mae HomeStyle Laon you can use for Fix N Flip.
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17 November 2017 | 6 replies
Another benefit to conventional financing is that it is usually the only method of financing accepted in a home being sold that is in need of a good amount of rehab work beyond cosmetics (aside from your 203k/Fannie Mae rehab loan program).
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22 November 2017 | 40 replies
I had actually read about a newer loan product recently called Fannie Mae Homeready .
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16 November 2017 | 7 replies
Fannie Mae currently does not allow the use of projected hoe income for qualifying purposes, unless the income from the hoes appears on two years of federal tax returns.