Fannie Mae loan for investor with over 10 financed properties

[John Chapman]

I have 13 conventional (fannie mae) loans. I have a duplex that I would like to get conventional (fannie mae) financing on. I have a good commercial lender but the rates are still significantly higher than on conventional financing. Does any one know of a lender that will give a conventional loan to someone with over 10 properties?

[Jon Holdman]

No lender will do this. Fannie and Freddie will only buy loans where you have 10 or fewer mortgaged properties. So, by definition, you can't get a conventional loan given the mortgaged properties you already have.