Tag Archives: Fannie

HomePath, Welcome Home. Buy a House with Low Down, No PMI, No Appraisal? Yes!

HomePath loans from Fannie Mae provide home buyers an opportunity to purchase a home with low down payment, no PMI, no appraisal, and Seller paid closing costs. Owner Occupants and Investors are welcome to enjoy the benefits of HomePath…. Continue Reading

Fannie Mae Gets Tough(er) On Borrowers. Again.

Fannie Mae raised the bar for mortgage applicants this past weekend.  Getting approved for a home loan just got harder. In its official announcement, Fannie Mae says the updates minimize long-term lending risks.  If that’s the case, this won’t be the last guideline change Fannie Mae makes — especially with loans defaulting at an above-normal… Continue Reading