Fannie Mae has made some changes to their HomeStyle renovation program removing all underwriting overlays and now allowing 3-4 unit options on purchases and refinances of a primary residence.
Fannie Mae also made it possible to offer adjutables rates such as the 3/1, 5/1, 7/1 and 10/1 on conforming loan limits for this renovation program.
To get more information about the HomeStyle renovation program please contact our office and one of our licensed loan officers will be happy to discuss in further detail about this HomeStyle renovation program.
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