Showing posts with label fannie mae. Show all posts
Showing posts with label fannie mae. Show all posts

Monday, March 8, 2010

Fannie Mae, Freddic Mac

FHA

FHA allows buyers to put down as little as 3.5% of the purchase price.

FHA started out in 1934. Today the maximum loan guarantee is $730,000.

It insures roughly 1/3 of new mortgages.