What Are Freddie Mac Versus Fannie Mae AUS On Conventional Loans? Both Fannie Mae and Freddie Mac determine the eligibility on conventional loans. However, it is possible to get an approve/eligible on Fannie Versus Freddie. It is possible when Fannie Mae comes with a refer/eligible per AUS and Freddie Mac will render an approve/eligible AUS Findings.
What Are Major Benefits Where Borrowers Need To Use Conventional Versus FHA Loans? Conventional loans is the only loan program that accepts income-based repayment on student loans.
This Article Is About Refinancing FHA To A Conventional Mortgage To Eliminate MIP There are many reasons to refinance your mortgage loan. Refinancing from an FHA mortgage into a conventional loan is a very common practice This is a great opportunity to stop paying mortgage insurance and lower your monthly mortgage obligation This time will […]
This BLOG On What Are Conventional Loans Versus Government Insured Loans Was PUBLISHED On June 27th, 2020 What Are Conventional Loans? Conforming Loans are also called conforming loans because they must conform to Fannie Mae and/or Freddie Mac mortgage lending guidelines. Fannie Mae and Freddie Mac are the two mortgage giants in the United States […]
This BLOG On Conventional Loan Guidelines For Mortgage Borrowers Was PUBLISHED On April 15th, 2020 Borrowers who need Conventional Loans need to meet the minimum 2018 Conventional Loan Guidelines. Conventional Loans are also called Conforming Loans because they need to conform with Fannie Mae and/or Freddie Mac mortgage guidelines Fannie Mae and Freddie Mac are […]
This Article Is Amout Fannie Mae HomeReady Mortgage Guidelines And Requirements There are two types of home loan programs: Government Loans which are home loans insured by government agencies FHA, VA, USDA are government loans Conventional Loans which are not insured and/or have government/agency insurance In this article, we will cover and discuss the Fannie Mae […]