Northern Arizona University: Does an investment property require different underwriting?
DIRECT ANSWER
Original source observation: October 16, 2026. Primary-source review: October 17, 2026. Confirm current dates, costs, eligibility and availability with the linked publisher. Campus facts and general planning guidance do not determine an individual property's lawful use, employment benefits or mortgage eligibility. Fannie Mae guidance applies within its own program scope; other programs and actual loan documents require lender review.
Fannie Mae recognizes investment properties as a separate occupancy type and points to its Eligibility Matrix for ratios and credit requirements. Obtain a property-specific preapproval; do not assume owner-occupied terms apply.
Sources & verification
- selling-guide.fanniemae.com Independently reviewed primary source
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