Mortgage Blog

3% down payment loan is available

December 8th, 2014 12:49 PM by Eric Fang

Fannie said it will immediately begin accepting applications for fixed-rate 97% loan-to-value financing of borrowers with Fico scores as low as 620. Freddie, meanwhile, took a more cautious approach, delaying the start of the program, requiring credit counseling, and in some cases only allowing Fico scores as low as 660
Posted in:General
Posted by Eric Fang on December 8th, 2014 12:49 PM

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