During the last few months lenders began rapidly changing guidelines in a reaction to Fannie Mae and Freddie Mac announcing changes to the maximum number of financed properties for real estate investors. As recently as this week, some of our primary lenders announced that they will again allow up to 10 financed properties. The word on the street is that other lenders are considering this move as well.
This is great news since many borrowers with exceptional credit, abundant assets and low LTV requirements have been unable to obtain financing because they own too many properties.
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