Groundbreaking 5% Down Payment Policy Revolutionizes Multi-Family Property Acquisition (Fannie Mae Announcement)
Fannie Mae’s recent announcement brings exciting news for prospective homebuyers, particularly those eyeing multi-family homes. Effective November 18th, 2023, Fannie Mae has introduced a groundbreaking policy that allows buyers to acquire multi-family properties with a mere 5% down payment. This marks a remarkable departure from the previous hefty 15-25% down payment requirement. The new policy […]