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…
