Fannie Mae & seller paid closing costs

Fannie Mae & seller paid closing costs

Investor · Minneapolis, MN · Member since 2013 · 41 posts · 11 votes

I've submitted an offer on a Fannie Mae (FM) owned property and I had requested seller to pay 2% of the closing costs. FM is countering and my broker is telling me that FM does not allow seller paid closing costs to investors?

Is there any truth to this?

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