Fannie and Freddie Announce Low Down Payment Programs for First-Time Homebuyers
Wednesday, December 24th, 2014 at
3:38 pm
Lower down payment enables qualified borrowers to access credit
On December 8, Fannie Mae and Freddie Mac announced new loan programs allowing for a down payment as low as three percent intended to “remove barriers for creditworthy borrowers to get a mortgage” and provide them with “a responsible path to homeownership.”
via Fannie and Freddie Announce Low Down Payment Programs for First-Time Homebuyers.
Filed under: Home Buyer/Seller Tidbits
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