Does Fannie Mae allow non warrantable condo?
Does Fannie Mae allow non warrantable condo?
Non-warrantable condo financing is unavailable via Fannie Mae and Freddie Mac, the FHA or the VA. To get a non-warrantable condo mortgage, you’ll need to talk with a specialty lender.
Does Fannie Mae do co ops?
Fannie Mae will purchase co-op share loans provided borrowers occupy the property as a principal residence or second home. Investment properties are prohibited. Fannie Mae does not purchase or securitize co-op share loans that are subject to subordinate financing except for high LTV refinance transactions.
What is PERS Fannie Mae?
Fannie Mae’s Project Eligibility Review Service (PERS) allows lenders to submit new and established project information for a Fannie Mae eligibility review.
Will I get a tax refund if my business loses money?
Generally, C-corporations are the only type of business entity eligible for a tax refund. Your business also might receive a tax refund if it overpays on payroll or sales taxes.
What is the 25 million gross receipts test?
A taxpayer meets the gross receipts test for any taxable year if its average annual gross receipts for the three-taxable-year period immediately preceding such taxable year does not exceed $25 million, indexed for inflation. Dec 23, 2021
