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14 February 2017 | 4 replies
Conventional loans are loans governed by Fannie Mae and Freddie Mac (those are the loans for investment properties).
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22 January 2020 | 18 replies
The books have already been written, they are the Fannie Mae Mortgage Underwriting Requirements, Freddie Mac, FHA, VA and USDA are pretty much the same with spin off requirements for unique programs.
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28 April 2017 | 7 replies
Hi @Jefferson Gan,The only Agency residential mortgage product that I am aware of, that will allow you to close with no CoO, is Fannie Mae HomeStyle.
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12 October 2016 | 9 replies
Hello folks,I am closing on a Fanny Mae property this week and I understand that they normally come with a deed restriction to prevent selling it for more than 120% of the purchase price in less than 90 days.I just received the closing documents from the title company and can't find such a restriction anywhere.
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22 October 2016 | 6 replies
Fannie Mae allows 10 loans.
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31 March 2020 | 13 replies
The other issue is that it is a Fannie Mae Homepath Property which would be great if I was planning on occupying the residence, but I'm not.
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17 March 2017 | 1 reply
If you're purchasing the property from a government entity (Fannie Mae, Freddie Mac, HUD), or if you're purchasing the property as a short sale requiring bank approval, there may be restrictions imposed on your resale.
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24 December 2016 | 5 replies
I know Fannie Mae/ Freddie Mac will issue up to 4 loans at a time for newbies, but with no money down they are virtually impossible to get a hold of for investors.
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8 July 2016 | 4 replies
If you're looking to do a cash out before the 6 months you can do so another week delayed financing offered by Fannie Mae .
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1 August 2019 | 2 replies
We have 5 properties, all Fannie Mae and want to restructure our loans to recapture equity and reinvest.