FHA’s New Policy Expands Home Financing for Accessory Dwelling Units
In a significant move to address affordable housing challenges and promote generational wealth building, the U.S. Department of Housing and Urban Development, through the Federal Housing Administration (FHA), has announced an expansion in access to mortgage financing for homes with Accessory Dwelling Units (ADUs). This groundbreaking policy shift increases access to quality, affordable housing for […]
Fannie Mae expanding Loan-to-Value limits on multi-family properties for purchase and limited cash-out.
Exciting News For Homebuyers! Starting November 18, 2023, Fannie Mae is expanding Loan-to-Value limits on multi-family properties for purchase and limited cash-out. This means increased access to credit and support for affordable rental housing. A key change includes a boost in maximum allowable LTV, CLTV, and HCLTV ratios to 95% for two-to-four-unit, principal residence, purchase, […]
