Max Number of Financed Properties

We 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 Type	Max # of Financed Properties
Lowest Rate Jumbo	4 Financed Properties
Other Jumbo	Unlimited Financed Properties
Fannie Mae	Unlimited Financed Properties
Non-QM	Unlimited Financed Properties

For Non-Owner/Investment Financing

Loan Type	Max # of Financed Properties
Jumbo	4 to 10 Financed Properties, depending on investor
Fannie Mae	10 Financed Properties
Non-QM	Unlimited Financed Properties

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