Fannie Mae Minimum Net

Hello Short Sale Superstars,

Used to be that Fannie Mae had a minimum net of 88% of market value, then they would go down in specific increments from there.  Anyone know what Fannie Mae is up to these days with their minimum net?  Thanks in advance!  Deb

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Permalink Reply by Short Sale Superstars LLC on March 23, 2016 at 5:08am

It's tough to find out FNMA Min NET's. Generally I find that they want an offer at least of 90% of their FMV. More often than not the sweet spot seems to be around 94% on the low end. FNMA is as strict as ever!

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Permalink Reply by Luther Fisher on April 15, 2016 at 6:04am

I have one right now where FNMA has accepted 95% of appraised value . 

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