Fannie Mae has changed the guidelines for loans with age-related resale restrictions in response to lenders’ requests about second homes and investment properties in these communities. Currently, Fannie limits occupancy on a loan with resale restrictions to a borrower’s one- and two-unit principal residence, but it has now expanded the eligibility to permit all occupancy types. The GSE said this will allow borrowers to purchase a property for the benefit of older family members or for future use. It said the criteria of the deed restriction must continue to be met and those requirements typically apply to the unit occupant and often requires just one resident to be 55 or older.