What about Fannie Mae?

Even though Fannie Mae has not given any indication
if they will follow suit and make similar guideline cuts, it is very likely as Fannie Mae is often seen
as the more conservative of the two entities.

Such a change by Fannie Mae would make it impossible for an investor with 4 financed properties to obtain financing for the purchase of additional properties through any lender conforming to Fannie/Freddie guidelines. An investor with five financed properties would not be able to refinance regardless of credit, income, assets or desired loan to value.

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That means we can still do it via Fannie Mae for now? -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (0 bytes) () 05/23/2008 postreply 10:23:35

Before 08/01 for Freddie Mac -CaLoanAgent- 给 CaLoanAgent 发送悄悄话 CaLoanAgent 的博客首页 (50 bytes) () 05/23/2008 postreply 11:39:00

OMG...赶快去做refinance -芦苇葱葱- 给 芦苇葱葱 发送悄悄话 芦苇葱葱 的博客首页 (0 bytes) () 05/23/2008 postreply 10:24:17

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