Effective immediately Simply Home Lending, Inc. now allows more than 10 financed properties. Standard Fannie Mae loan to value limits apply to ten financed properties, for more than ten financed properties a reduced loan to value program is available.
Gift funds allowed for conventional loans with as little as 5% down! The borrower no longer needs any of their own money in a transaction – now with as little as 5% down payment. FHA, VA and RD loans still allow gifts for down payment. Call 479.582.LEND (5363) for details.