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Max Number of Financed Properties

max number of financed propertiesWe often see borrowers with multiple financed properties nowadays b/c so many of them have been on buying sprees since 2008.

Having more than four financed properties used to be an issue b/c so many lenders and investors were excessively restrictive after the 2008 meltdown.

But, guidelines have definitely softened and there are now multiple options for investors with multiple financed properties; the Non-QM channel in particular makes almost every scenario viable as long as buyers have sufficient assets and income.

Here are a few rules of thumb.

For Owner Occupied Financing

Loan TypeMax # of Financed Properties
Lowest Rate Jumbo4 Financed Properties
Other JumboUnlimited Financed Properties
Fannie MaeUnlimited Financed Properties
Non-QMUnlimited Financed Properties

For Non-Owner/Investment Financing

Loan TypeMax # of Financed Properties
Jumbo4 to 10 Financed Properties, depending on investor
Fannie Mae10 Financed Properties
Non-QMUnlimited Financed Properties

Jay Voorhees
Founder/Broker | JVM Lending
(855) 855-4491 | DRE# 01524255, NMLS# 335646