New Multi Family Requirements

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New multi family requirements were just announced by Fannie Mae.  This is going to make it harder to purchase a 1-4 family home.  Because Fannie Mae guidelines are now stricter, everyone needs to know about it.  I consider this a strong signal. 1-4 Family Homes Let’s begin with the fact that a 1-4 family home is residential property.  Because it’s residential property, you mortgage it the same way as a…