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Loan costs for second homes, rentals to spike under new Fannie/Freddie rule

Do residential rental properties with one to four units and second-home mortgages carry more risk? Apparently so says the U.S. Treasury Department.  Such loans underwritten by Fannie Mae and Freddie Mac will end up costing you more under restrictions quietly announced earlier this year.  What is the new rule?  How will the new rule impact second home buyers and investment residential properties? 4 changes to...

The post Loan Costs for second homes, rentals to spike under new Fannie/Freddie rule appeared first on Fairview Commercial Lending.



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Loan costs for second homes, rentals to spike under new Fannie/Freddie rule

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