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3% Down Conventional Loans to Return!

By
Mortgage and Lending with Northpointe Bank - NMLS #709729 NMLS #709729

Today both Fannie Mae and Freddie Mac announced the return of a conventional 3% down mortgage.  While aimed at primarily loan to moderate income buyers, this program will make homeownership much more affordable for many would be homebuyers.  Watch my video for more information and details on this program.

Comments(2)

Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

Great news Dan.  Thanks for sharing with those of us that did not see it.  And it looks like a Welcome to Active Rain is in order.  Enjoy your Holidays.  Mark

Dec 08, 2014 02:18 PM
Dan Moralez
Northpointe Bank - NMLS #709729 - Holland, MI
Grand Rapids & Holland, Michigan Mortgage Lending

Thanks Mark.  I appreciate it.  This is some welcome news as it should help some responsible would be homeowners avoid FHA and save them some money.  Hope you have a great holiday =)

Dec 08, 2014 07:31 PM