When a borrower chooses a Fannie Mae or Freddie Mac loan they must take title in their name (or a trust) and not the name of an entity or corporation.

Related Question: Fannie Mae & Freddie Mac – Property Titled to LLC: Can a borrower transfer a loan (title) from their name into the name of an LLC? Answer: Fannie and Freddie only provide loans to individuals, not entities/corporations like an LLC. You would have to check with the loan servicer to see if they would […]

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