What are freddie mac reserve requirements retaining current home?

Hi Sarah:Usually they require 6 months, but depending on equity positin in home it may be less. If you like to discuss, please email or call me to discuss.Patty HarrisonSmart Mortgage630-854-3459www.smartmortgageinc.com

Are you talking about buying a second home or investment property?

It depends it can be from 2-6 months. It depends on what the automated underwriter will ask for. Barclay Butler. Call or email me. bbutler@barclaybutlerfinancial.com, 224-420-9990.

Generally speaking, it is six months...

Sarah, as you can see from the variety of answers it really depends on your qualifications as well as the lender you work with. Usually it ranges from 2-6 months - but depending what you are doing, sometimes there is no reserve requirement. I can help: pdumouchel@primelending.com or 843-619-6025 http://pdumouchel.primelending.com **PrimeLending was the #4 purchase mortgage lender in the US in 2012 and 2013 as determined by MarketTrac(c) for Jan-Dec 2012 & 2013