![]() ![]() With Fannie Mae’s HomeReady and Freddie Mac’s Home Possible, a 3% down payment - or what lenders refer to as 97% loan-to-value - is available on so-called conventional loans. Conventional loans are the loan products most often issued by lenders. ![]() Now, Fannie Mae and Freddie Mac, the government-sponsored enterprises that provide capital to the mortgage market, are designing loan products for hopeful home buyers with skinny savings accounts. ![]() ![]() For years, the Federal Housing Administration was the king of the low-down-payment mortgage mountain. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |