Mortgage
New Fannie Mae 5% Down for 2-4 Unit Multi-Family Homes What is Considered a Multi-Family Home? A multi-family home is a single building that’s divided to accommodate separate living quarters. Examples include duplexes and townhomes as the most common property types. They can range from a duplex or triplex, which has 2-3 dwellings within a… [Read More]
Fannie Mae changes the debt ratio to help you get a mortgage in 2017! Have you ever heard “your debt ratio” is too high from a mortgage lender? Fannie Mae recently announced changes to its debt-to-income ratio policy, increasing its allowance from 45% to 50% starting on July 29th. Here is what that’s going to mean… [Read More]
News Release Increase in Maximum Conforming Loan Limits for Fannie Mae and Freddie Mac in 2017 FOR IMMEDIATE RELEASE Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2017 will increase. In most of the country, the… [Read More]
News Release Increase in Maximum Conforming Loan Limits for Fannie Mae and Freddie Mac in 2017 FOR IMMEDIATE RELEASE Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2017 will increase. In most of the country, the… [Read More]
NMLS #898360
