Rochester New York Real Estate

Fannie Mae Expands Investor Financing Options

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Thursday, September 27, 2012

In this article from Realtor.org - he new product will allow eligible individual and LLC borrowers to finance up to 20 properties using the Homepath Mortgage. NAR has long called for expansion of financing opportunities for investors as a way to increase the absorbtion of REO properties.  Fannie Mae will offer flexible lending terms and will not require appraisals of the properties.
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