New Fannie Mae Product

By
Real Estate Agent with RE/MAX Realty Suburban

MyCommunityMortgage

  1. Interest-only options
  2. 40-year terms
  3. No minimum borrower contribution
  4. Eligible for temporary 2-1 interest rate buydown

                                   ..... Plus.......


  • Loan to Values to 100% for one-unit properties (
    Available for two- to four-unit owner-occupied properties)
  • Reduced PMI rates
  • Flexibility on credit histories, nontraditional credit accepted
     

                                ---Here is the biggy---

Extra flexibilities with options to teachers,police officers, firefighters, health care workers, and people with disabilities or a family member with a disability

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