Question: does fnma have a flipping rule?
Answer: Conventional loan is a loan purchased by Fannie Mae or Freddie Mac, and typically require a minimum of 3-5% down. Fannie & Freddie are extremely vague when it comes to their flipping rule. ... -If seller has not been on title for <90 days, and they are making a gross profit of >20%, then some lenders will not do the loan.