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© Fannie Mae Single Family Selling Guide
Refinanced Balloon Mortgages — Original Balloon Mortgage Owned by Fannie Mae
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Mortgage loans secured by investment properties will be subject to the applicable LLPA. Refer to the Servicing Guide for permissible changes in occupancy and to the Loan-Level Price Adjustment (LLPA) Matrix for applicable investment property LLPAs. No other LLPAs will be assessed for refinanced balloon mortgages.
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