Fannie Mae Change of Rules
Yesterday I was signing my closing papers for a refi on my primary and my mortgage broker mentioned that Fannie Mae has just changed their rules about 2 years minimum to count rental income. He said they are now counting a signed lease as income even if you haven't been a landlord for 2 years. He is still digging into the details of the change, but I wanted to see if anyone else has heard about this?
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Real Estate Agent Colorado (#FA.10005695)
- 720-466-3378
- http://mreiagents.com/