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Tag: fannie mae homeready

Fannie Mae Loosens Guidelines to Help More Buyers

You know those furniture store signs “Out for your business”?  Well, Fannie Mae is out for your business!  This year there has been a consistent flow of updates coming from Fannie Mae.  Plus there are more coming!  Most of these include loosening of income, asset, and credit guidelines.  So this means more buyers should qualify […]
HomeReady Fannie Mae Loans Offer Affordability to Buyers

Buying a home is the American dream, but sometimes there are hurdles making ownership a struggle to many.  Down payment, higher debt ratios, and credit requirements make buying a home difficult at times.  Many are familiar with the benefits of an FHA, VA, or USDA loan in these cases.  But there is a conventional loan providing a […]

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Russell Smith | Branch Manager, NMLS ID# 78989 | Licensed in NC, SC, VA

ALCOVA Mortgage LLC | NMLS#40508 | (www.nmlsconsumeraccess.org) | 308 Market St SE, Roanoke, VA 24011

The views and opinions stated on this site or links to other sites are intended for informational purposes only. The posted information does not guarantee approval, nor does it comprise full underwriting guidelines.
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