{"id":10507,"date":"2024-01-13T08:21:12","date_gmt":"2024-01-13T08:21:12","guid":{"rendered":"https:\/\/imsfund.com\/?p=10507"},"modified":"2024-01-13T08:21:12","modified_gmt":"2024-01-13T08:21:12","slug":"is-the-new-5-down-fannie-mae-multifamily-loan-as-lucrative-as-we-thought-heres-our-analysis","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2024\/01\/13\/is-the-new-5-down-fannie-mae-multifamily-loan-as-lucrative-as-we-thought-heres-our-analysis\/","title":{"rendered":"Is the New 5% Down Fannie Mae Multifamily Loan as Lucrative as We Thought? Here\u2019s Our Analysis"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div :class=\"{ 'hidden': $store.proContent.showFullPrompt() }\">\n<section class=\"px-4 relative border border-slate-200 mobile-toc lg:hidden\" x-data=\"{open:false}\">\n<button x-on:click=\"open = !open\" class=\"flex items-center gap-4 my-2 border-none w-full\"><br \/>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"h-6 w-6\" fill=\"none\" viewbox=\"0 0 24 24\" stroke=\"currentColor\" stroke-width=\"2\"><path stroke-linecap=\"round\" stroke-linejoin=\"round\" d=\"M4 8h16M4 16h16\"\/><\/svg><\/p>\n<p class=\"font-semibold text-slate-800 text-base m-0 js-toc-ignore\">In this article<\/p>\n<p><\/button><\/p>\n<\/section>\n<p><span data-preserver-spaces=\"true\">In November 2023,\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/fannie-mae-launches-5-percent-down-payment-program-for-multifamily-properties\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Fannie Mae implemented a game-changing reduced down payment requirement of just 5%<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0for two-to-four-unit properties for conventional loans.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This presents a golden opportunity for\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/real-estate-investing\/house-hacking-strategy\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">house hackers<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0looking to purchase or\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/guides\/how-to-refinance-your-mortgage\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">refi<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0a two-to-four-unit property. However, few sources have broken down what this means for investors. Here, I\u2019ll look at this new product, compare it to alternatives, and discuss what this means for real estate investors.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">First, we will walk through eligibility, then compare this loan to its FHA alternative and summarize the impact for investors looking to purchase or refinance.<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Eligibility<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Fannie Mae laid out these new down payment requirements in their\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/singlefamily.fanniemae.com\/media\/36841\/display\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">desktop originator release notes<\/span><\/a><span data-preserver-spaces=\"true\">. It is important to highlight that this change only applies to someone\u2019s \u201cprincipal residence.\u201d Lenders are strict about owner-occupied requirements, and this product is only for those living in the property they are purchasing.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Thankfully, two-to-four-unit properties can be incredibly easy to house hack, as the units are already separated\u2014meaning you don\u2019t have to share the same living room as your roommates. Additionally, they offer a very easy transition to rent them as an investment property if you move out (after the required time period).\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Conventional loans have been an option for a long time, but the down payment requirements were higher. For example, a first-time homebuyer who would have qualified for 3% down on a single-family conventional loan used to be required to bring 15% down to closing for a duplex (or 25% for three to four units), which forced many buyers to opt for the 3.5% down option with FHA.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">FHA loans require a minimum down payment of 3.5%. While this has made these loans attractive, the new 5% down payment requirement for conventional now provides investors with additional flexibility. At just 5% down, investors now have the option to choose between FHA and conventional financing for\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/finding-multifamily-properties\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">multifamily<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0investment.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">To take this analysis one step further, I tested the 5% conventional loan option by reaching out to one of our investor-friendly featured lenders on BiggerPockets to compare my FHA loan to a conventional loan.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">I\u2019ll uncover some details you will want to know if you are serious about using this product. If you want to skip to the results, scroll to the comparison summary below.\u00a0<\/span><\/p>\n<div class=\"justify-center \" x-data=\"{ IabAdad_block_: popAd(['r720x90'], '1') }\" :class=\"IabAdad_block_.linkURL ? 'flex pt-8' : 'hidden'\">\n<a x-show=\"https:\/\/www.biggerpockets.com\/blog\/IabAdad_block_.linkURL\" x-on:click=\"adClicked('https:\/\/www.biggerpockets.com\/blog\/5-percent-fannie-mae-loan-compared-to-fha-loan', IabAdad_block_.sponsor, IabAdad_block_.title, IabAdad_block_.id, 'blockAdClicked', 'blockAd', 'postContent')\" target=\"_blank\" x-init=\"&#10;      analytics.track('blockAdLoaded', {&#10;        referrer: 'https:\/\/www.biggerpockets.com\/blog\/5-percent-fannie-mae-loan-compared-to-fha-loan',&#10;        sponsor: IabAdad_block_.sponsor,&#10;        ad_title: IabAdad_block_.title,&#10;        ad_page_location: 'postContent'&#10;      })&#10;    \" x-intersect:enter.once=\"adViewed('https:\/\/www.biggerpockets.com\/blog\/5-percent-fannie-mae-loan-compared-to-fha-loan', IabAdad_block_.sponsor, IabAdad_block_.title, IabAdad_block_.id, 'blockAdViewed', 'blockAd', 'postContent')\" rel=\"noopener\"><\/p>\n<div class=\" hidden sm:block\">\n<img class=\"m-0\" :src=\"https:\/\/www.biggerpockets.com\/blog\/IabAdad_block_.r720x90\" :alt=\"IabAdad_block_.r720x90Alt\"\/>\n<\/div>\n<div class=\"block sm:hidden\">\n<img class=\"m-0\" :src=\"https:\/\/www.biggerpockets.com\/blog\/IabAdad_block_.r320x50\" :alt=\"IabAdad_block_.r320x50Alt\"\/>\n<\/div>\n<p><\/a>\n<\/div>\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Comparison to FHA<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">FHA loans have long been a popular choice for owner-occupied two-to-four-unit properties due to their lower down payment requirements. However, the reduction to a 5% down payment by Fannie Mae offers a competitive alternative with unique benefits. There are multiple things to consider when comparing.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The Federal Housing Administration\u2019s primary goal is to ensure that Americans have access to safe, affordable housing. So it is no surprise that when it comes to affordability, FHA loans have the upper hand, with relatively low down payments and interest rates. After all, that is part of the purpose of the FHA. But depending on your situation, a conventional loan could be less expensive and offer a more compelling solution.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">But there is so much more to consider than just\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/what-is-apr-on-a-loan\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">APR<\/span><\/a><span data-preserver-spaces=\"true\">, fees, and\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/who-pays-closing-costs\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">closing costs<\/span><\/a><span data-preserver-spaces=\"true\">. You must also consider:\u00a0<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">The closing process\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The refinance process<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Mortgage insurance\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">Here\u2019s a comparison of multifamily loans:<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">The Closing Process<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Because one of the goals of the FHA is to ensure safe housing, they have more stringent requirements on the condition of the property. The classic example of this is when the seller is under contract and told they need to touch up paint prior to a loan being funded. Although most agents and sellers do not mind getting out a paintbrush to close a deal, this is one example of how FHA loans differ from conventional loans and why sellers sometimes prefer conventional loans.\u00a0<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Mortgage Insurance<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Mortgage insurance is an additional payment paid by the borrower to insure the lender against a situation in which the borrower stops paying their mortgage. One of the biggest differences between FHA and conventional loans is how mortgage insurance works. Both FHA and conventional loan products require mortgage insurance if the down payment is under 20%, but the mechanism to charge this insurance is different.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">A conventional loan also needs insurance if the down payment is under 20%, but this must be purchased from a private company\u2014this is called private mortgage insurance (PMI). With conventional loans, you can have this insurance removed after reaching 20% of equity in the property, which allows you to lower your costs in the long term.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The federal government insures an FHA loan through a mortgage insurance premium (MIP) to make housing more affordable. This mortgage insurance can be removed only in specific situations. You can find all the details\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.hud.gov\/program_offices\/housing\/comp\/premiums\/prem2001\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">here on HUD.gov<\/span><\/a><span data-preserver-spaces=\"true\">.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">A workaround for removing mortgage insurance payments (MIP) in some situations is to refinance into a conventional loan. However, you don\u2019t necessarily know what rates will be in the future, and there is no guarantee that your current rate will be available when you reach 20% equity, so using a conventional loan locks in your ability to remove PMI once you reach 20% in the future.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">FHA also has an upfront mortgage insurance premium. Conventional loans do not have this upfront cost, which is an advantage in the short term.<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Refinancing<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The conventional 5% down option could be an option for those who are refinancing out of an FHA loan and want the ability to take off the mortgage insurance in the future. There are three reasons to refinance: lower your monthly payment, extract equity, or switch loan products. Refinancing into a conventional loan at 5% down could give you flexibility in the future if the rate and terms are attractive to you.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Your lender will be able to tell you what loan product will accomplish your goals. Keep in mind that FHA loans have a streamlined option that makes refinances easier in the future, which is a nice feature when you do not want to go through the whole underwriting process again.\u00a0<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Comparison Summary<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">After learning about this new loan product, I decided to put it to the test for myself by running a comparison between conventional and FHA. For help, I used\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/business\/finder\/lenders\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Find A Lender<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0at BiggerPockets. I performed a search in my state and selected \u201cHouseHack\u201d and found Mike Stone with Megastar Financial in the results.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Full disclosure: I have also worked with Mike in the past, and he is awesome. He helped me with my first FHA loan, so he was the perfect lender to help me with my comparison analysis.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">I provided my information to Mike and asked him to compare conventional and FHA on both a refinance that I am considering and a purchase.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">First, I need to point out that your scenario could look entirely different. This is in no way meant to compare between FHA and conventional for any other investor. I am simply sharing what the difference was for me. For your situation, consult with a licensed loan officer.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Here are the results comparing a 5% down option for both conventional and FHA.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The results surprised me. Not only did the FHA option offer a lower monthly payment, but it also required $3,000 less to close.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, my lender, Mike, shared several important pros and cons to consider beyond just the pricing.\u00a0<\/span><\/p>\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Conventional advantages\u00a0<\/span><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">Mortgage insurance is more straightforward to remove\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The closing process tends to be easier\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Less strict requirements in general\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">No self-sufficiency requirement for three to four units\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Allows borrowers to qualify based on rental income<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">More likely to close faster (although this depends on other factors)\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Ability to have more than one conventional loan at a time\u00a0<\/span><\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">FHA advantages\u00a0<\/span><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">Government-subsidized mortgage insurance\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Less strict credit score requirements<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">FHA streamline refinance<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">You can always refinance in the future<\/span><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">For me, FHA was still the clear winner, but I am considering conventional on my next property for the reasons I\u2019ve discussed here. Ultimately, comparing loan products on a two-to-four-unit house hack is best done with a savvy, investor-friendly lender who can run through multiple scenarios and coach you through the best option for you.\u00a0<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Final Thoughts<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">What we know is that by offering a competitive alternative to FHA financing, Fannie Mae has helped to reduce barriers to entry for house hackers. This new option can provide increased leverage and flexibility. As the real estate market continues to evolve, savvy investors can now choose the option that best suits their investment goals, ensuring they are well-positioned to capitalize on the income potential of multifamily properties.<\/span><\/p>\n<div id=\"visibility-group-block_64dd56548a48e\" class=\"visibility-group  hidden\">\n<div id=\"hero-block_62df1a82bfc88\" class=\"first:mt-0 hero-block py-4    has-background has-theme-gold-light-background-color has-text-color has-theme-gold-color\">\n<div class=\" flex flex-wrap lg:flex-nowrap max-w-screen-xl mx-auto px-4 relative lg:items-center \">\n<div class=\"relative z-30 w-full \">\n<main class=\"py-4\"><\/p>\n<p class=\"has-theme-gold-color has-text-color has-large-font-size\" style=\"font-style:normal;font-weight:800\">Get the Best Funding<\/p>\n<p class=\"my-3 md:my-5 lg:my-8 has-slate-900-color has-text-color\" style=\"font-size:16px\">Quickly find and compare investor-friendly lenders who specialize in your unique investing strategy. It\u2019s fast, free, and easier than ever!<\/p>\n<p><\/main>\n<\/div>\n<div class=\" first:mt-0 relative h-full lg:flex lg:items-center\">\n<img decoding=\"async\" class=\"object-cover w-full relative z-20 my-0  shadow-xl rounded-md hidden lg:block\" src=\"https:\/\/bpimg.biggerpockets.com\/https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/08\/Lender-Match.png\" alt=\"find a lender with lender match\" title=\"Is the New 5% Down Fannie Mae Multifamily Loan as Lucrative as We Thought? Here\u2019s Our Analysis 2\"\/>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-group__inner-container\">\n<div id=\"visibility-group-block_64dd31c79f00f\" class=\"visibility-group  \">\n<div id=\"hero-block_64dd2875dba9d\" class=\"first:mt-0 hero-block py-4    has-background has-slate-100-background-color has-text-color has-theme-slate-color\">\n<div class=\" flex flex-wrap lg:flex-nowrap max-w-screen-xl mx-auto px-4 relative lg:items-center \">\n<div class=\"relative z-30 w-full \">\n<main class=\"py-4\"><\/p>\n<p class=\"my-3 md:my-5 lg:my-8 has-theme-slate-color has-text-color\" style=\"font-size:16px;font-style:normal;font-weight:400\">Ready to succeed in real estate investing? Create a free BiggerPockets account to learn about investment strategies; ask questions and get answers from our community of +2 million members; connect with investor-friendly agents; and so much more. <\/p>\n<p><\/main>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"italic\"><b>Note By BiggerPockets:<\/b> These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.<\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.biggerpockets.com\/blog\/5-percent-fannie-mae-loan-compared-to-fha-loan\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this article In November 2023,\u00a0Fannie Mae implemented a game-changing reduced down payment requirement of just 5%\u00a0for two-to-four-unit properties for conventional loans.\u00a0 This presents a golden opportunity for\u00a0house hackers\u00a0looking to purchase or\u00a0refi\u00a0a two-to-four-unit property. However, few sources have broken down what this means for investors. Here, I\u2019ll look at this new product, compare it to [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":10508,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2024\/01\/mortgage-rates-1-1024x517.jpg","fifu_image_alt":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-10507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/10507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/comments?post=10507"}],"version-history":[{"count":1,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/10507\/revisions"}],"predecessor-version":[{"id":10509,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/10507\/revisions\/10509"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media\/10508"}],"wp:attachment":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media?parent=10507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/categories?post=10507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/tags?post=10507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}