#TwoforTuesday – Guides for Reserves! Many out there ask as if doing an investment property without reserves is an option on a Fannie or Freddie loan! – No it’s not an optional thing, you must have them. Today, I will break down a quick reference to reserves for you.
Written in stone is the guidance on second homes and investment properties. However, Jumbo and Non-QM loans seem to always have reserves, it just varies based on investor and program or transaction type you choose. See video for more ↓
Today, watch out for the second “Two for Tuesday” video again short and sweet this afternoon. #SwitchingItUp is always good!
As always – #SellWell