Phoenix Metro Realty Blog

Watch out for the new Fannie Mae 3 months seasoning guidelines. I just verified this seasoning requirement with four mortgage brokers. The lenders are forcing investors to keep their flip for at least three months. One of my agents has a buyer that qualified for the loan but the lender won’t fund the loan because the seller have own the property less than 3 months. So when your buying an investment home to flip, plan on keeping it for at least 3 months.