Fannie Mae Selling Guide B2-1.5-03: Legal Requirements
This topic contains information on legal requirements, including:
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
- First Mortgage Lien Position
- Personal Property
- Rental Property Leases
- Mortgages with a Capitalization Option
- Mortgages Permitting Open-end Advances
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.

