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We will allow time held in an LLC that is controlled or majority owned by the borrower(s) to count towards the borrower’s six-month ownership requirement. All other cash out refinance requirements must be met.
For additional information, see B2-1.3-03, Cash-Out Refinance Transactions.
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Guide content.
If you have additional questions, Fannie Mae customers can visit Ask Poli to get information from other Fannie Mae published sources.
For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more.
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