Fannie Mae Selling Guide B5-3.1-03: Conversion of Construction-to-Permanent Financing: Two-Closing Transactions
, Conversion of Construction-to-Permanent Financing:
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
- Two-Closing Transactions Overview
- Eligible Loan Purposes for Two-Closing Construction-to-Permanent Mortgages
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.

