by Stephanie Crawford | Feb 4, 2010 | Home Buyer Info, Mortgage News
Fannie Mae is extending a 3.5% closing costs incentive for buyers who purchase and close on a Fannie Mae-owned home between today and April 30, 2010. These Fannie Mae owned homes are part of a program known as HomePath – most represent FHA backed properties that...
by Stephanie Crawford | Feb 20, 2009 | Mortgage News
Here’s a warning for potential borrowers: Nervous lenders have tough new rules and are paperwork-crazy. Borrowers are going to have to prove they are the borrower they say they are; homebuyers should consider these things before they apply for a loan. 1. Down payments...