What happened to Second Home and Investment Property Financing? Fannie Mae and Freddie Mac just issued new guidelines that make it tougher to get a home loan on a second home or investment property. If you are thinking about buying a second home or an investment property, let’s talk about how these changes may affect you!
Related Article Title: Fannie Mae Lender Letter LL–2021-08 – Dated March 10, 2021 and Freddie Mac Bulletin 2021-11 – Dated March 31, 2021 Written by: Lloyd Rutherford, Staff Writer Second homes and Investment Property financing has tightened up based on a new mandate to Fannie Mae and Freddie Mac from the Treasury Department. Pay attention […]