Category Archive: Fannie Mae

May 09

Have You Gone Crazy, Fannie Mae?

HomePath Property Search

Tweet Some of the biggest hurdles many of my purchasing clients have these days are being answered by one of the most obscure programs available today. Approximately 1,100 single family, multi-family (2-4 units) homes and condominiums in Washington State are eligible for the Fannie Mae HomePath purchasing program!! For home buyers looking to get into …

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Mar 13

Fannie Mae HomePath Guideline Change: Auction Sales

Homepath

Tweet Fannie Mae HomePath is a great loan program for owner occupants, as well as being the best current program for investors in my opinion. Where else can you pick up a fixer, where the appraisal won’t require a bunch of work orders? If you’re an investor, just be aware that the “First Look” properties are …

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Jan 13

Why are rates going up next month, and why should you care?

Tweet DISCLAIMER – Boring “mortgagese” below. I’ll cut to the chase and tell you first why you might care about what I am about to share with you: If you or someone you care about is contemplating a new mortgage in the coming days, and are waiting for a reduction in rates – keep in …

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Nov 03

Owe More Than Your Home Is Worth? Help May Be On The Way!

Tweet The Federal Housing Finance Agency announced changes to the Home Affordable Refinance Program (HARP) in an effort to attract more eligible borrowers who can benefit from refinancing their home mortgages. The new rules will remove the current loan to value cap and will allow borrowers who are current on their mortgages to refinance regardless …

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