Colorado Springs Realty Blog

Fannie Mae and Freddie Mac have recently changed guidelines regarding seller contributions.   If you are purchasing a second home that is not your primary residence, the seller can not contribute more than 2% of the purchase price toward buyer closin… more »

1.  Fewer properties- Investors were allowed up to 10 investment properties in the past but since mortgage restrictions have tightened up, investors are now only allowed to finance a total of 4 investment properties.  2.  Extra Fees- Freddie Mac and F… more »