The Investor Insights

Yesterday, Fannie Mae announced they are raising the maximum number of financed properties you are allowed to have from 4 to 5-10 with “certain restrictions”: Multiple Mortgages to the Same Borrower To support prudent lending for housing investment, Fannie Mae is changing our current limit of four financed properties per borrower. We will allow five [...]

Just got an email from one of our favorite “investor-friendly” conventional lenders (yes, it’s an oxymoron), Vertice. Effective yesterday, they are reducing the max LTV on all investment properties to 80%. They say this is “in response to changes made by Industry partners” but they are going even more conservative than the recent Freddie/Fannie rules [...]