Fannie Mae changed guidelines on this:From this site: Transfer to LLCTo take advantage of this new leniency, there are some rules to follow:Your mortgage must have been purchased or securitized by Fannie Mae on or after June 1, 2016.

Washington (Pittsburgh) in June 2017 through a Fannie Mae HomeStyle Renovation Loan.

The exception is real estate landlording, since that's the one form of self employment Fannie/Freddie can claim to actually understand, based on Fannie Mae having over 80 years of loan performance data.

I talked cash flow specifically because cash flow enables quitting jobs, qualifying for Fannie Mae backed mortgages and such.  

You can see HUD homes on line and you can see Fannie Mae/Freddie Mac loans on line sometimes but again, for the most part, lenders don't just hand them out.

Here is what Fannie Mae has to say                                  Foreclosure                         Short SaleTime to buy               Primary 5 Years                   Primary 2 Years                             Investment 7 Years             Investment 3 Years                            FHA 3 Years                    FHA 3 Years but less if current at SSCredit             250 to 300 points                 depends on how many late paymentsLength on Credit    10 years +                     does not report as short sale recovery time         3 years +                       12 to 18 months with lates So basically the wait time is much shorter with a Short Sale, the Credit Impact is less and as mentioned above the deficiency judgement is usually waived with a short sale that is executed correctly, where in a foreclosure they are still on the hook for the deficiency.The exact times and credit scores needed vary on each circumstance and lender, but this is a pretty good general guide.Hope this helps!

I did some Googling and found a two-year-old BP thread about FHA alternatives that mentioned a Fannie Mae My Community program.

Fannie Mae guidelines don't take into account if they're refinancing a loan from a hard money lender, or your Aunt Susie - provided there's in fact a loan against the property.

I'm trying to buy foreclosed property, owned by Fannie Mae, that was changed from "active" to "Temporarily off market" about 6 weeks ago.  

Are Fannie Mae and Freddie Mac loans only given to individuals or can entities also receive these types of loans?