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2 Myths That May Be Holding You Back From Buying

2 Myths That May Be Holding You Back From Buying

Fannie Mae’s article, “What Consumers (Don’t) Know About Mortgage Qualification Criteria,” revealed that “only 5 to 16 percent of respondents know the correct ranges for key mortgage qualification criteria.” Myth #1: I need a 20% Down Payment Fannie Mae’s survey...
How to know if it’s a condo?

How to know if it’s a condo?

Check the legal description Condominiums can present financing challenges to be sure! The reason for this is that lenders have additional guidelines which condo projects must meet in order for a buyer to obtain traditional home loan financing (FHA, Fannie Mae, Freddie...