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Updated over 1 year ago on . Most recent reply

Katharina Bormann's profile image
Katharina Bormann's profile image
Katharina Bormann
  • from Everett
  • Member since Jun 18, 2021
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Katharina Bormann's profile image
Katharina Bormann's profile image
Katharina Bormann
  • from Everett
  • Member since Jun 18, 2021
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Katharina Bormann
  • Everett
7
Votes |
7
Posts
Multi-Family and Apartment Investing

Can current FHA borrowers apply for the Fannie Mae 5%

Katharina Bormann
  • Everett
Posted

Hello,

Can current FHA borrowers (house-hackers) apply for Fannie Mae's new 5% down-payment option to purchase another multifamily to buy as their second property? Or is that exclusively for first time home owners? I know the new Fannie Mae's option requires owner-occupied purchase. I'm guessing they can't but just wanted to make sure. Thanks!

Boston, Massachusetts
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