Tag Archive for: fannie mae

Rental Income = 75% of Gross Rent (Again)

For years, Fannie Mae and most lenders allowed borrowers to use 75% of the actual rent on a lease agreement for “qualifying income” (as long as the rent did not […]Read More

Fannie and Freddie Are Not the Same; “GSEs.”

Fannie Mae and Freddie Mac are Government Sponsored Enterprises (“GSEs”). Their role is to securitize mortgages or to help bundle them up to sell on the secondary market. This role […]Read More

95% & 90% of FUTURE VALUE Construction/Rehab Loans

Fannie Mae now offers Construction Loans up to 95% of the future value (after improvements) of a property for low balance loans of $417,000 or less. For high balance loans […]Read More