Housing-Info.com

Call us today (877) 313-5954

Investing In Fannie Mae Owned Property

WebsiteMotoJPEG.JPG

HomeHomeownershipReal Estate InvestingBuy Versus RentReal Estate Watch - News & RatesInterest Rate Watch - Mortgage NewsHARP2 Freddie FannieHARP2 FHAHomeownership Challenge

Financing Fannie Mae Owned Property

FREE Credit Report & Score? Click to Find Out More!

Finance the purchase of Fannie Mae owned property with as little as 15% down (no mortgage insurance).
 .
Quick Qualifications:
..
*  700 minimum credit score.
.
*  Minimum cash investment must be equal to 15% of the sales price (no mortgage insurance).
 .
*  Cannot have more than four financed properties. After closing cash reserves must be equal to 6 months mortgage payments for each financed property.
 ...
*  Interest rates are based on borrower qualifications. Click here to review interest rate averages. Mortgages secured with investment properties tend to have high interest rates, typically ½% with 20% down and ¾% with 15% down. Other factors affect interest rates. Your actual rate may be higher or lower than the average.
.
*  Other conditions apply. Contact us for details.
  
Please Note: This will give you an idea of your qualifications and help you estimate monthly payments. It is not intended as a pre-approval. If you would like to be pre-approved, feel free to give us a call at (877) 313-5954. If you prefer, click here to apply “On Line”. 
..