Investment Property Guideline Question on Grapevine

NYCMortgageLO is seeking an answer from the Mortgage Grapevine community regarding investment property refinance guidelines. The borrower owns five properties (including the primary residence) on his own and another four with his wife.

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The poster is asking: “According to Fannie Mae guidelines, if I am looking to refinance the investment property, will I be counting a total of nine for the husband (even though the wife won’t be on the loan) or will it be five?”

Guideline mavens can go to http://bit.ly/16hZhOl to give their opinions.


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