denver 80110 fha home loans: Denver 80110 Mortgage Loans For Fannie and Freddie Now Approved For 3% Down Payment Mortgages
- 12/19/14 07:13 AM
Fannie and Freddie officially approve 3% down payment mortgages for Denver home buyers Both government-sponsored enterprises officially announced their individual 97% loan-to-value products, in the government’s latest attempt to expand the credit box for first-time homeowners. Back in October, the Federal Housing Finance Agencyannounced a number of policy steps aimed at increasing mortgage credit availability at the Mortgage Bankers Association conference in Las Vegas. Fannie Mae was first and during the conference said that it would soon begin offering a 97% LTV mortgages, withFreddie Mac likely to follow suit. The government-sponsored enterprise will package these loans into pools and securitize the mortgages on the secondary market. “The new … (0 comments)
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Kevin A. Guttman-Author, ReverseMortgageSpecialist
Fannie and Freddie officially approve 3% down payment mortgages for Denver home buyers Both government-sponsored enterprises officially announced their individual 97% loan-to-value products, in the government’s latest attempt to expand the credit box for first-time homeowners. Back in October, the Federal Housing Finance Agencyannounced a number of policy steps aimed at increasing mortgage credit availability at the Mortgage Bankers Association conference in Las Vegas. Fannie Mae was first and during the conference said that it would soon begin offering a 97% LTV mortgages, withFreddie Mac likely to follow suit. The government-sponsored enterprise will package these loans into pools and securitize the mortgages on the secondary market. 
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