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248
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142
Votes
Jeff Chisum
  • Lender
  • All 50 States
142
Votes |
248
Posts

10% Down Vacation Home/STR financing not going anywhere

Jeff Chisum
  • Lender
  • All 50 States
Posted

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.

Most Popular Reply

User Stats

175
Posts
75
Votes
Cole Britting
  • Investor
  • NH
75
Votes |
175
Posts
Cole Britting
  • Investor
  • NH
Replied

@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!

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