I've been sifting through my past clients that have been left out in the cold and calling them with the good news. "I know you are underwater on your mortgage but I can help you NOW... Really!" March 17th is the big day for Fannie Mae's big release and it is just around the corner... in fact I can count it on two hands. Pretty exciting stuff if you've been waiting for some real relief as promised. [Biting my tongue... another post, another day] I have covered the topic in the past but will hit on the bullet points for you again, just because I can.
- Unlimited Loan to Value and Combined Loan to Value
- No appraisal required if an appraisal waiver is granted
- No limits on the amount of financed properties
- Owner occupied, second home, and investment properties are eligible
- Loans with Private Mortgage Insurance or PMI (restrictions apply to lender paid) are eligible
To apply for this or any other loan program contact me today.