Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

11
Posts
3
Votes
Julie Smith
3
Votes |
11
Posts

Does DSCR Count For Fannie Mae

Julie Smith
Posted

Im working on a 1031 exchange and planning on buying two houses with it.  My issue is that I am currently at 10 house loans with Fannie Mae, but selling this house will drop me down to 9, so I should have room for another golden ticket mortgage spot.

Now I want to buy two houses and tactically it would be advantageous for me to use a DSCR Loan for the first house because its an existing property, and the the second house its a new construction tract home that will only take conventional financing.

Under Fannie/Freddie rules would lender view the DSCR as "Loan Number 10", and I wouldn't be able to get a Fannie Mae conventional mortgage? OR...

Does the DSCR not count at all in the calculation and I can get the conventional loan afterwords.

Loading replies...