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25 July 2017 | 14 replies
@Sean CarmackI don't think Fannie Mae loans work that way.
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5 June 2018 | 4 replies
Don't expect Fannie Mae rates, but those loans are out there.
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4 July 2021 | 12 replies
Many lenders, including Fannie Mae, declared in 2016 that any owners who transfer property ownership into an LLC with loans obtained on or after June 1, 2016 must be allowed to by the lender without triggering the due on sale clause, as long as the owner of the property has majority interest in the LLC.
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16 May 2015 | 15 replies
@Daniel Gura From Homepath website: "HomePath financing, available only on Fannie Mae-owned properties, offers great benefits — a 5% down payment (as of November 16, 2013), no mortgage insurance, expanded seller contributions, and more.
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24 January 2017 | 8 replies
If you qualify for Fannie Mae mortgage you should get those.
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21 December 2016 | 1 reply
If you want to save yourself some hassle, view conventional offers more favorably, or nudge your FHA buyer into Fannie Mae 3% down FTHB program if possible (income caps by census tract).2.
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18 January 2017 | 18 replies
Im wondering should I stay in my current apartment and buy a multifamily in Baltimore or just pack up and move to Baltimore where I could live in one of the units but the commute to my job which is in Arlington VA would pretty much be a nightmare Another alternative is to BRRRR a condo in DC as Ive seen a few on Fannie Mae Homepath website and continue to rent my 1 bedroom.
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24 March 2017 | 6 replies
Does anyone know if I can buy a Fannie Mae/Freddie Mac with any mortgage company?
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9 April 2017 | 6 replies
Fannie Mae removed the "continuity of obligation" requirements for rate and term refinances about a year ago.What that means is that, if there is equity in the deal, and no one is looking to net any profit, you can rate and term refinance his mortgage into your name without any 6 or 12 month title seasoning (what we used to have to do) clouding things up.I can count on one hand the number of times I have done this, and California laws may differ from Tennessee laws.
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10 February 2015 | 20 replies
And you can also set your offers to close in 10 days which would give you another advantage.There is a fannie mae program that I believe allows you to do a cash out refi in the first 6 months when you pay all cash like that.