Updated 11 months ago on . Most recent reply
Huge news in the conventional loan product space *Hot off the press*
This will be huge for house hackers out there. 95%LTV on 2-4 unit properties. Set to release on Nov 18th. Keep an eye on this.
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Thanks for sharing Charles. I just read about it this morning and think it is great news. This will really those trying to house-hack. The VA and Fha loans have been able to do it but their strict appraisal guidelines make it tough to buy the often older homes in my market in Virginia Beach / Norfolk Area. Curious to see how this changes things. Either way its another doable opportunity for a lot of average investors.