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Updated over 13 years ago on . Most recent reply

Drew Whitson's profile image
Drew Whitson's profile image
Drew Whitson
  • Investor
  • from Saint Paul, Minnesota
  • Member since Nov 10, 2011
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Drew Whitson's profile image
Drew Whitson's profile image
Drew Whitson
  • Investor
  • from Saint Paul, Minnesota
  • Member since Nov 10, 2011
Connect
Drew Whitson
  • Investor
  • Saint Paul, MN
2
Votes |
12
Posts
Private Lending & Conventional Mortgage Advice

Did lenders change requirements January 1?

Drew Whitson
  • Investor
  • Saint Paul, MN
Posted

I have a friend who makes good money who is in the process of purchasing a second home and turning his current house into a rental. He was told new rules went into place on Jan 1 of this year which would make it very difficult, if not impossible, for him to get a new loan. Has anyone heard of some recent changes with conventional lenders? Thanks

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