GET OFF THE FENCE BUY NOW

Dated: 09/05/2013

Views: 2869

As of November 16th Fannie Mae is dropping their loans from 97% financing to 95%. What this means to a buyer is that instead of putting a down payment of 3% of your purchase price you will have to put a down payment of 5%. They are also taking away the option to pay upfront financed mortgage insurance. That does not sound like much of a difference but it can be a big difference with how much home you can afford to buy. GET OFF THE FENCE and GET LOCKED IN by NOVEMBER 16th. Contact your local lender now. 
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Carolann Newton

I was a domestic paralegal for 8 years prior to Real Estate. Since I have been in Real Estate I have grown to love this business, even though it does have it's challenges; it is very exciting. There i....

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