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second home: Fannie Mae LOOSENED a guideline - a Step In the Right Direction! - 02/10/09 06:56 AM
Over the last 18 months, since August, 2007, mortgage guidelines have been tightening due to the conditions of the industry.  It seemed that every day since then we have gotten updates from Fannie Mae, HUD, Freddie Mac and our individual investors that made mortgage lending a little tougher, albeit still possible and not as hard as the news media states.
However, on Friday, I received an email from a fellow mortgage lender in the Tampa area with an attachment from Fannie Mae.  A while back, both Fannie and Freddie tightened up lending for buyers of 2nd homes and investment properties to … (0 comments)

 

Sue Botelho-USDA Rural Housing Mortgage Pro

Fort Walton Beach, FL

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Waterstone Mortgage Corporation

Address: 2 Park Circle, Suite A, Ft. Walton Beach, FL, 32548

Office Phone: (850) 362-6901 x 2

Cell Phone: (850) 797-7946

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