Asked by goel.puneet88, Fremont, CA • Fri Jan 18, 2013
My condo is one of the delinquent unit which at closing will bring down the 5 condos out of 32. The Fannie mae rule is no more than 15% delinquency is allowed. At closing 5/32 is 15.625, do you think fannie mae may approve a waiver? How long waiver processing takes? I see 24-48hr on fanniemae.com.
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