Tag Archives: portfolio loan

Why Are THEY So Angry?

I’m Making THEM Angry As you know by now, Freddie Mac and Fannie Mae announced that they are virtually denying all loans to real estate investors. They have come up with a whole bunch of new ridiculous rules including: Eliminating stated income loans to self-employed borrowers Reducing the maximum number of properties you are allowed [...]

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More Bad News

OK, we’ve been trying our best to stay positive in this financial tsunami that we find ourselves in but I think it’s time for Plan B. Max Number of Financed Properties Effective December 1st, Fannie Mae’s maximum number of financed properties allowed when the loan is secured by an investment property is 4. If you [...]

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