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Posts Tagged ‘closings’

Fannie Mae lifts ban on investor SFR loans

By • Feb 18th, 2009 • Category: real estate newsflash

Effective March 1st, Fannie Mae will finance an investor’s acquisition of up to ten single family residence (SFR) properties. The previous limit on concurrent investor loans was four. Additionally, the loan-to-value (LTV) ratio on qualified investor purchases financed by Fannie Mae has been increased to 75% for single unit investments and 70% for two-to-four unit [...]