Did you know this about Fannie Mae? Is a group home considered to also be a boarding house and therefore ineligible for financing? No. Group homes are residential in nature and utilized for occupancy by persons with disabilities. Group homes continue to be eligible property types for financing.
Fannie Mae-Appraisal and Property Related Frequently Asked Questions (FAQs) – Updated December 21, 2017, and Collateral Underwriter FAQ’s – Updated December 2017 By: Lloyd Rutherford-Staff Writer Fannie Mae has added to their FAQ document for appraisals and this month contains some goodies! Our expert has taken the time to review the new and updated questions […]