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Each month AR runs numerous contests as a way for our members to engage in activities
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Fannie Mae HomePath Mortgage: What is it? - 11/19/11 08:33 PM
Fannie Mae HomePath Mortgage Shopping for a Fannie Mae HomePath Loan? Joe Wagner will be glad to help! Give Joe Wagner a call at 612-327-4544. Ready to get started? Apply Here. HomePath Mortgage loans have the following characteristics: HomePath Mortgage allows a borrower to purchase a Fannie Mae-owned property with a low down payment, flexible mortgage terms, no lender-requested appraisal and no mortgage insurance. Expanded seller contributions to closing costs are allowed. Benefits to You, the Borrower Low down payment and flexible mortgage terms (fixed–rate, adjustable rate, or interest–only). Down payment (at least 3 percent) can be funded by the borrower’s own savings; (1 comments)
Freddie Mac Home Affordable Refinance Program (HARP) - 11/19/11 08:30 PM
Freddie Mac Home Affordable Refinance Program (HARP) Shopping for a Freddie Mac HARP Loan? Joe Wagner will be glad to help! Give Joe Wagner a call at 612-327-4544. Ready to get started? Apply Here. If you are current on your mortgage and have been unable to obtain a traditional refinance because the value of your home has declined, you may be eligible to refinance through HARP. HARP is designed to help you refinance into a new affordable, more stable mortgage. The HARP loan is a new loan and will require a loan application and underwriting process. Loan refinance fees will apply. Eligibility: (0 comments)
Better than FHA? Fannie's My Community Mortgage Loan - 11/19/11 08:27 PM
Better than FHA? Fannie’s My Community Mortgage Loan! With FHA restructuring its mortgage insurance premiums on October 4th 2010, it’s probably time to take a look at other financing options. Many folks don’t realize that Fannie Mae and Freddie Mac offer low down payment options too. For example, Fannie Mae’s My Community Mortgage allows qualifying borrowers to buy a home with only 3% down, no upfront mortgage insurance premium, and pay a very low monthly mortgage insurance fee. The MCM mortgage insurance requirement is only 18% coverage on a 97% loan, which costs as little as $62.50 a month (0 comments)
Fannie Mae Home Affordable Refinance Program (HARP) - 11/19/11 08:25 PM
Fannie Mae Home Affordable Refinance Program (HARP) Shopping for a Fannie Mae HARP Loan? Joe Wagner will be glad to help! Give Joe Wagner a call at 612-327-4544. Ready to get started? Apply Here. If you are current on your mortgage and have been unable to obtain a traditional refinance because the value of your home has declined, you may be eligible to refinance through HARP. HARP is designed to help you refinance into a new affordable, more stable mortgage. The HARP loan is a new loan and will require a loan application and underwriting process. Loan refinance fees will apply. (0 comments)
Fannie Mae HomeStyle Renovation Mortgage: What is it? - 11/19/11 08:18 PM
HomeStyle Renovation Mortgage: What is it? Looking for a Fannie Mae HomeSytle Renovation Loan? Joe Wagner will be glad to help! Give Joe Wagner a call at 612-327-4544. Ready to get started? Apply Here. With the number of homes that are either bank owned or short sales that are available on the market, the Fannie Mae HomeStyle Renovation mortgage program is becoming a popular choice with home buyers. The HomeStyle Renovation loan is different than the Fannie Mae HomePath Loan. HomeStyle Renovation Mortgage: What Is It? The HomeStyle Renovation mortgage is a single-close loan that let’s you buy the home that (2 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.