Is there a way to get more than 4 mortgages?

That is absolutely not true at all. It depends on what types of loans, and what you are trying to achieve. If you are looking for a standard Fannie Mae or Freddie Mac backed home loan, most lenders cap you at four properties. A select few lenders like us allow you to go to the actual Fannie Mae Freddie Mac limit of 10 properties. The rules change dramatically after four properties, so be sure to sit down with a local licensed (not at a bank) and professional Loan Officer to review your options. For properties in MN and WI, visit www.JoeMetzler.com

Enter your answer hereHomead,Yes, the qualification standards become higher but there are lenders that will loan beyond 4 loans. Most lenders limit their risk to 4 loans per borrower, you just have to look a little harder.Good Luck,Mike ShirleyDirectors Mortgage Inc.

Yes you can!! A lot of lenders put a cap on 4 properties but Fannie and Freddie allow you up to 10. I would find a small local company that has no underwriting overlays.

if you are looking for a mortgage for a primary residence the # of other mortgaged properties you have is a moot point if you are looking for a mortgage for a rental property , there are options for loans ( with max financecd properties being 10)

Per Fannie / Freddie guidelines, you can have up to 10 properties, however most lenders will not finance more than 4 for one client...so for example, if you have 4 mortgages with the local big bank, they wont finance you on another one. However if you contact a local mortgage broker, not a bank, and apply with them, they have access to the lenders who allow more than 4 properties... WilliamAcres.com

Joe is correct. The big banks are going to tell you this because they cap borrowers at 4 properties. Work with a Mortgage Banker/Broker, like NOVA Home Loans. We have access to investors (lenders) that will go up to 10 properties. We are licensed in Oregon. I would be happy to help you. Contact me at 888-889-9950. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com