Comments on: Fannie Mae Rolls-Back Investor 4 Property Limit http://www.myequitypro.com/2009/02/12/fannie-mae-rolls-back-investor-4-property-limit/ The Skinny From A Top Player In The Mortgage World Wed, 09 Nov 2011 19:20:00 +0000 hourly 1 http://wordpress.org/?v=3.2 By: Mary Nelson http://www.myequitypro.com/2009/02/12/fannie-mae-rolls-back-investor-4-property-limit/comment-page-1/#comment-1564 Mary Nelson Sat, 24 Jul 2010 22:41:46 +0000 http://www.myequitypro.com/?p=960#comment-1564 Correcting my question. Has the 4 property limit by Fannie Mae been brought back 3/2010????? I am getting conflicting info. Correcting my question.

Has the 4 property limit by Fannie Mae been brought back 3/2010?????
I am getting conflicting info.

]]> By: Mary Nelson http://www.myequitypro.com/2009/02/12/fannie-mae-rolls-back-investor-4-property-limit/comment-page-1/#comment-1563 Mary Nelson Sat, 24 Jul 2010 22:39:51 +0000 http://www.myequitypro.com/?p=960#comment-1563 Was the 4 property limit been 3/2010??? I am getting conflicting info. I had filled out all the paperwork and been approved for refi 3 investment properties with more than 50% equity in each. The appraisal were ordered and pulled by underwriter once without communicating with the rep. Then the rep requested a second time underwriter pulled it again. finally rep went to underwriter and was told that Fannie Mae had changed it's policy and was no longer writing for anyone with more than 4 mortgages in their name. Can someone please clarify this for me and many others. Was the 4 property limit been 3/2010???
I am getting conflicting info.

I had filled out all the paperwork and been approved for refi 3 investment properties with more than 50% equity in each. The appraisal were ordered and pulled by underwriter once without communicating with the rep. Then the rep requested a second time underwriter pulled it again. finally rep went to underwriter and was told that Fannie Mae had changed it’s policy and was no longer writing for anyone with more than 4 mortgages in their name.
Can someone please clarify this for me and many others.

]]> By: Becky Wyatt http://www.myequitypro.com/2009/02/12/fannie-mae-rolls-back-investor-4-property-limit/comment-page-1/#comment-617 Becky Wyatt Mon, 16 Feb 2009 18:58:16 +0000 http://www.myequitypro.com/?p=960#comment-617 No kidding this was an unpopular law - glad to see it is rolled-back. My blog readers would like this post - can you post it on ArizonaHomeTalk.com? No kidding this was an unpopular law – glad to see it is rolled-back. My blog readers would like this post – can you post it on ArizonaHomeTalk.com?

]]> By: News about Real Estate Investments » Archive » Fannie Mae Rolls-Back Investor 4 Property Limit | Your Mortgage b…/b http://www.myequitypro.com/2009/02/12/fannie-mae-rolls-back-investor-4-property-limit/comment-page-1/#comment-558 News about Real Estate Investments » Archive » Fannie Mae Rolls-Back Investor 4 Property Limit | Your Mortgage b…/b Thu, 12 Feb 2009 16:43:46 +0000 http://www.myequitypro.com/?p=960#comment-558 [...] yourmortgageplanner added an interesting post today on Fannie Mae Rolls-Back Investor 4 Property Limit | Your Mortgage b…/bHere’s a small reading4. 6 months of reserves for each binvestment/b property. In other words, Fannie Mae is re-opening the lending spigot for breal estate/b investors with good credit, a sizeable downpayment and ample reserves. According to Fannie Mae, b…/b [...] [...] yourmortgageplanner added an interesting post today on Fannie Mae Rolls-Back Investor 4 Property Limit | Your Mortgage b…/bHere’s a small reading4. 6 months of reserves for each binvestment/b property. In other words, Fannie Mae is re-opening the lending spigot for breal estate/b investors with good credit, a sizeable downpayment and ample reserves. According to Fannie Mae, b…/b [...]

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