It's Saturday and we've got some exciting news 🗞️ to share with you! House Hacking just got easier...
Fannie Mae just made a ❗ big announcement ❗ that's going to make it easier for families to buy Multi-Family Homes with less down!
Let's break it down in simple terms:
- Fannie Mae is making it easier for families to buy multi family homes.
- Before the update, you needed a big down payment for multifamily homes.
- Starting in November, you can put down just 5% if you plan to live in the home.
- You must live in one of the units for at least 12 months as your primary home.
- This change helps people own homes and build wealth!
🗯️DM us if you or one of your clients might benefit from this change.
#househacking #Multifamily #NMLS599873 #KevinBriertonLender
