10% Down Vacation Home/STR financing not going anywhere

[Jeff Chisum]

Fannie Mae 10% down loans for second homes/STR properties are not going away April 1st just in case you heard something different.

A pic of my lake house that I used a 10% down Fannie loan to buy for emphasis.

[Cole Britting]

@Jeff Chisum From what I heard from a lender, they are going to be getting much more expensive rendering them almost obsolete. Is that true?

I'd love to own a lake house some day, congrats on the purchase!