fnma: Enhanced Options for Fannie Mae and Freddie Mac Refinances - HARP 2012 is here
- 01/16/12 04:57 AM
Enhanced Options for Fannie Mae and Freddie Mac Refinances - HARP 2012 is here Fannie Mae & Freddie Mac have extended and enhanced teh HARP Refinance program into 2012 for California homeowners - HARP -Home Affordable Refinance Program for Conventional Conforming loans. The Regulator for Government run Fannie Mae and Freddie Mac has authorized an extension on the HARP Refinance initiative throughout 2012 for California Homeowners. This is also called the Home Affordable Refinance Program. This program allows California homeowners with loans currently owned by Fannie Mae or Freddie Mac to refinance with expanded qualifications such as reduced appraisal requirements, No Maximum Loan … (0 comments)
fnma: Homepath financing on Fannie Mae owned REOs/Foreclosures in California
- 08/27/11 01:13 PM
Homepath financing on Fannie Mae owned REOs/Foreclosures in California We offer 95% financing on California Homes being sold by Fannie Mae (FNMA) with no MI required. If you are purchasing a Fannie Mae Owned Foreclosure Property, you may be eligible for our HomePath Fannie Foreclosure Mover Loan. This loan allows you to finance up to 95% of the Purchase price with ZERO Mortgage Insurance (no PMI). 97% Homepath options are available as well - we feel that the 95% option is a better value for our customers, as the 3% down Homepath loan is more costly. Loan amounts … (0 comments)
fnma: HARP Program extended into 2012
- 08/20/11 11:25 AM
Fannie Mae has extended the HARP Loan Program agianHome Affordable Refinance Program until June 30, 2012. They have also increased the number of loans eligible to include all loans delivered to FNMA prior to June 1, 2009. More info on the HARP Program: Fannie Mae Loan Holders - Refinance options are still open for Millions of US Homeowners who have not been able to, or thought they couldn't refinance their Fannie Mae loan due to reduced equity in their home. We are able to Refinance Fannie Mae home loans up to 125% of your current value. We are … (0 comments)
fnma: 95% conventional loan in Washington - NO MI required
- 05/18/10 05:23 AM
We now offer 95% financing in Washington with no MI on select foreclosed homes. When you purchase a Fannie Mae Owned Foreclosure Property, you may be eligible for our new Fannie Foreclosure Mover Loan. This new loan allows you to finance up to 95% of the Purchase price with ZERO Mortgage Insurance (MI). Loan amounts up to $417K are eligible up to 95%. This is even available in California, Washington, and Florida with these terms. There are no Declining Market restrictions on this loan program. We also offer these for the High Balance or Conforming Jumbo … (0 comments)
fnma: 2010 California FNMA & FHLMC Loan Limits- Fannie Mae & Freddie Mac Loan limits 2010
- 02/27/10 08:10 AM
2010 California FNMA & FHLMC - Fannie Mae & Freddie Mac Loan limits 2010 Fannie Mae & Freddie Mac have retained the expanded 2009 loan limits for 2010. The standard conventional loan limit remains at $417K accross the USA. This is also called the Conforming Loan Limit ($417K). High Cost Areas have loan limits based on the new formula in the 2008 housing bill passed in July of 2008, and are also called Conforming Jumbo, High Balance, or Super Conforming loans. There are different ratios and loan to value ratios for the Fannie Mae & Freddie Mac loans that exceed the standard limit of $417K. They … (0 comments)
fnma: Limits on number of properties financed - Updated 1-23-2014
- 02/08/09 07:22 AM
Limits on number of properties financed - Updated 1-23-2014 There have been many changes in lending the past few years and this post will deal with the maximum number of properties financed. Here is a quick guide to our rules on this: Fannie Mae (FNMA) and Freddie Mac (FHLMC) have a limitation of 4 maximum properties that are financed. We interpret the rule as follows: If the subject property ( the home you are financing) is a second home or investment home, you can only have a maximum of 4 financed properties under the standard offering. If the home you are financing is … (0 comments)
fnma: new 2009 Loan Limits for Fannie & Freddie released today
- 11/07/08 05:51 AM
Fannie Mae & Freddie Mac have new loan limits for 2009, as released today. The standard conventional loan limit remains at $417K accross the USA. High Cost Areas have new limits based on the new formula in the 2008 housing bill passed in July. We expect to see some updates to the current Fannie Mae & Freddie Mac guidelines for loans that exceed the standard limit of $417K which will keep these larger sized loans affordable & attainable. We will keep you posted as we hear updates. We also expect to see updates soon from HUD regarding the 2009 FHA loan … (0 comments)
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Enhanced Options for Fannie Mae and Freddie Mac Refinances - HARP 2012 is here
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