http://news.mortgagecalculator.org/fannie-mae-guarantees-debt-from-small-lenders/ Helping You Buy Your Home Thu, 04 Feb 2010 15:31:01 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://news.mortgagecalculator.org/fannie-mae-guarantees-debt-from-small-lenders/comment-page-1/#comment-2648 Lisa Truelove Sun, 20 Dec 2009 23:23:12 +0000 http://news.mortgagecalculator.org/?p=408#comment-2648 Can Foreigners use Fannie Mae Mortgage loans to buy residences all over the country and use the homes as rental property? I know of a couple who are buying expensive homes with alot of acreage and I have reason to suspect one of the homes was financed through your company. These people have never lived in this home and are charging 1K a month rental fee for the home only. They also have bought an adjoining home with acreage and for that home to they are charging 1K a month. The land is being leased out for agricultural use. I thought this Fannie Mae Program was to help Americans, not to help foreigners buy up the United States tax=free. Can Foreigners use Fannie Mae Mortgage loans to buy residences all over the country and use the homes as rental property? I know of a couple who are buying expensive homes with alot of acreage and I have reason to suspect one of the homes was financed through your company. These people have never lived in this home and are charging 1K a month rental fee for the home only. They also have bought an adjoining home with acreage and for that home to they are charging 1K a month. The land is being leased out for agricultural use. I thought this Fannie Mae Program was to help Americans, not to help foreigners buy up the United States tax=free.

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