Fannie Mae tightens standards on investment properties

4 Replies

Credit unions can still give some pretty great terms. All things considered this won't significantly impact the amount of capital available for investors. 

this is a big deal and should be being talked about much more than it is. Will be very curious to see how it shakes out!

Originally posted by @Carlos Ptriawan :

After reading this news, it seems moving forward investment property financing is only available from HML or banks but with higher interest rate/origination fee? Thought?

 Thanks for sharing. Cap on 2nd homes and investment singles clearly trying to limit the house hogs from getting fatter so Jack and Jill home buyer has a better chance.  

Doesn't seem to apply to 2-4 unit plexes.