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Fannie MAe My community UPGRADED!

By
Mortgage and Lending with Summit Mortgage Corporation

Recently Fannie Mae's My Community programs have been enhanced to allow interest only for the first 5 years on a 35 year amortized. Also they no longer require the borrow to go to classes. This program allows for significantly cheaper MI, which makes for a lower monthly payment.

Dave Cheatham
INC Financial - Bartlett, IL
this is good.  We will have some other good things happening while other programs will get a tougher grip.
May 04, 2007 03:28 PM
Randy L. Prothero
eXp Realty - Hollister, MO
Missouri REALTOR, (808) 384-5645
That sounds like a great program.  I have not seen any done yet.
May 05, 2007 09:14 AM