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Fannie Mae Selling Guide B2-1.2-04: Subordinate Financing

Document
Fannie Mae Single Family Selling Guide
Section date
Version in Zeitro Strata
Where
pages 184–187 of 1196
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This topic contains information on new and existing subordinate financing, including:

Fannie Mae Selling Guide B2-1.2-04, pages 184–187

Fannie Mae publishes the full text of this section: Fannie Mae Single Family Selling Guide on the Fannie Mae website. Zeitro Strata answers questions about it with the passage and page cited.

What this section covers

  • Subordinate Financing Requirements
  • Acceptable Subordinate Financing
  • Unacceptable Subordinate Financing Terms
  • Eligible Variable Payment Terms for Subordinate Financing
  • Eligible Repayment Terms for Employer Subordinate Financing
  • Resubordination Requirements for Refinance Transactions
  • Defining Refinance Transactions Based on Subordinate Lien Payoff

Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.