Fannie's rule 80% LTV & 2 years after Deed In Lieu.
Has anyone out there actually got an approval on this scenario?
Right now I'm beginning to think Fannies rule about being able to get a loan 80% LTV 2 years after a Deed in Lieu is a catch-22. Lenders will do it with approve eligible, but it is impossible to get an approve eligible.
Anyone have actual experience with this?
Or anyone know a lender that will do manual underwrite for Fannie?