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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceFreddie Mac / HomeSteps
Account Closed's profile image
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Account Closed
  • Investor
  • from Jacksonville, Florida
  • Member since Aug 31, 2014
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Jacksonville, Florida
  • Member since Aug 31, 2014
Connect
Account Closed
  • Investor
  • Jacksonville, FL
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Private Lending & Conventional Mortgage Advice

Freddie Mac / HomeSteps

Account Closed
  • Investor
  • Jacksonville, FL
Posted Apr 23 2016, 06:57

Is anyone familiar with Freddie Mac lending guidelines and/or HomeSteps Financing?

I’m looking to finance my 5th property (I have 3 rentals and my primary). It is a Freddie Mac HomeSteps home. I am getting very mixed responses from lenders. I contacted loan officer at BB&T (HomeSteps lender)- unfortunately she said she could not help me as Freddie cuts you off at 4. I then contacted a different lender- she said Freddie recently (Oct 2015) changed the guidelines to allow 6 mortgaged properties, but she is not a HomeSteps approved lender. 

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