Tag Archives: fannie mae
Fannie Mae’s 5% Down Payment for Multi-Family Homes
Sometimes, really big news doesn’t sound very exciting. This is one of those times. Fannie Mae (more about them in a minute) has lowered their required down payment(https://crosscountrymortgage.com/resources/down-payment> for owner-occupied, multi-family (2-4 unit) properties from 15%-25% to 5%. This means you can buy a property with 5% down, live in one unit, and rent out the other 1-3 units.
Learn More
Conventional Loan Requirements 2024
Even with market fluctuations and economic headwinds, owning a home is still one of the surest ways to increase personal equity and shore up financial security. Conventional loans are how many Americans purchase homes. Requirements for obtaining a conventional loan change yearly. Those standards have changed again in 2024.
Learn More
What Is a Loan Level Price Adjustment?
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed urna lectus, dapibus et rhoncus sed, molestie eget quam. Aenean euismod rutrum arcu ut vestibulum. Maecenas diam sem, iaculis non pulvinar eu, hendrerit a tellus. Nulla tincidunt, libero porta porttitor aliquet, arcu diam vestibulum ipsum, eu feugiat velit justo vulputate sapien.
Learn More What Is Fannie Mae?
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed urna lectus, dapibus et rhoncus sed, molestie eget quam. Aenean euismod rutrum arcu ut vestibulum. Maecenas diam sem, iaculis non pulvinar eu, hendrerit a tellus. Nulla tincidunt, libero porta porttitor aliquet, arcu diam vestibulum ipsum, eu feugiat velit justo vulputate sapien.
Learn More