Excellent Financing Program for Fannie-Mae Owned Homes
For those of you in the market to purchase a home, you should definitely check out www.homepath.com This program is for the purchase of Fannie Mae-owned homes. Some of the program’s main highlights are: Low down payment (as little as 5% down on conforming loans or...Making Extra Payments on Your Mortgage
Most people do not comment on the reality of a 30 Year Fixed mortgage. But every once in a while, someone will really think about it, or their eyes may widen when they see on their Promissory Note, “Last payment due August 1, 2040.” And think about it: where you will...New “Loan Quality Initiative” Guidelines Are Being Implemented by FannieMae
I just heard about these coming into play on all loans, and have already seen them implemented on some. FannieMae’s ultimate goal is to do whatever it can to reduce or eliminate mortgage fraud. Two things that are now expected on every loan are: 1. Confirm...Happy 4th of July!
Have a happy and safe 4th of July! The markets will be closed on Monday, July 5th, as will Granite Financial. Celebrate well and safely. Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on...Loan Calculator
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