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Dan Mackin's profile image
Dan Mackin's profile image
Dan Mackin
  • Real Estate Agent
  • from Erie, CO
  • Member since Nov 5, 2014
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Dan Mackin's profile image
Dan Mackin's profile image
Dan Mackin
  • Real Estate Agent
  • from Erie, CO
  • Member since Nov 5, 2014
Connect
Dan Mackin
  • Real Estate Agent
  • Erie, CO
511
Votes |
1,373
Posts
Private Lending & Conventional Mortgage Advice

Fannie Mae Change of Rules

Dan Mackin
  • Real Estate Agent
  • Erie, CO
Posted Apr 30 2015, 08:57

Yesterday I was signing my closing papers for a refi on my primary and my mortgage broker mentioned that Fannie Mae has just changed their rules about 2 years minimum to count rental income.  He said they are now counting a signed lease as income even if you haven't been a landlord for 2 years.  He is still digging into the details of the change, but I wanted to see if anyone else has heard about this?

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