Feb

21

2012

Financing Investment Properties

Author: Ivan

Financing Investment Properties – Good News For the Conventional Investors!

Fannie Mae is changing their rules regarding multiple mortgages to investors in order to help jump start the housing recovery. Their current policy of financing a maximum of four investment or second home properties has been changed to five to ten for properties purchased after March 1, 2009, whether or not Fannie Mae is the investor on the borrower’s other mortgages. The following are the new eligibility requirements:

Eligibility Requirements

This entry was posted on Tuesday, February 21st, 2012 at 7:03 am and is filed under Home Mortgage. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.