Minimum Time Frame to Occupy a Fannie Mae Financed Property

Question: Do Conventional loans require an occupancy on property within 60 or 90 days? Answer: Typically, the borrower shall establish, occupy, and use the principal residence within 60 days after the execution of the security instrument. However, this can vary by states.  So, also refer to the applicable state security instrument form for requirements. Reference:Fannie Mae B2-1-01 […]

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