Unusual Loan Requests You’ve Heard

Share the most surprising client stories.

Had a borrower who wanted a 30-year fixed to buy a yacht, swearing it was his “primary residence” — . When it’s that surprising, I pull the property-type rules and send this first: https://singlefamily.fanniemae.com/selling-guide/eligibility/acceptable-property-types; niche lenders might play ball, but pricing and terms get rough. @OP anyone close one of these on agency?

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