Fannie Mae guidelines do not permit borrowers to have mortgages on more than ten non-owner occupied properties. What you need to do is find a lender that does not intend to sell your mortgage to Fannie Mae (or Freddie Mac for that matter). Your best bet are likely regional or local banks that offer non-owner occupied mortgages or portfolio loans that they intend to keep on their balance sheet, instead of selling the loan to Fannie Mae or Freddie Mac.
You can contact non-owner occupied lenders in your area by clicking INTEREST RATES We advise you to contact at least four lenders as not all lenders offer the mortgage program you are looking for. Like everything on FREEandCLEAR, our INTEREST RATES feature is free to use and helps you find the mortgage that is right for you.
You may also want to try our FREEandCLEAR Lender Directory, which is in beta but allows you to search for lenders by state, lender type and loan program. For example, you can search for banks in your state that offer non-owner occupied mortgages or portfolio loans.
Please note that our recommendation above applies to refinancing a mortgage on a non-owner occupied property as opposed to refinancing the mortgage on your primary residence. The ten property limit only applies to rental properties and you should not have an issue refinancing the mortgage on your primary home.