Freddie Mac & Fannie Mae recently made some changes to their loan requirements that impacts what loan products are readily available to consumers. One of those changes is making interest rates on second homes jump and another may make investment property loans more difficult to get. Second homes make up a huge portion of the […]
Quick Mortgage Lending Info
The following mortgage lending info is from Home Mortgage Alliance. CHFA down payment assistance no longer has their 5% grant/down payment program. It went official on 4/1 that they only offer 3% and 4% grant options for their down payment assistance programs. Here’s CHFA’s website if you want to learn more but feel free to […]