Monday, February 9, 2009

Fannie Mae Guideline Changes

Fannie Mae announced that they will now allow investors to finance up to 10 properties (the former limit was 4 properties). Fannie Mae added some strict qualifications standards, but they are acknowledging this market needs help. The servicing banks will still need to change their regulations, but change is happening in the investor financing market.

If you have questions about this new policy, please give me a call or send an email.

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