fannie mae fha loan requirements

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Fannie Mae Changes Condo Mortgage Guidelines – Fannie Mae Overhauls Its Condo Mortgages Fannie Mae changes non-warrantable condo guidelines. New mortgage guidelines make it easier to get a condo loan. In a series of changes effective June 23, 2018, Fannie Mae re-classified millions of condo units nationwide, designating many of them as warrantable condos.

Fannie Mae HomeReady Mortgage Guidelines And Requirements – Fannie Mae HomeReady mortgage product by Fannie Mae is a great alternative to FHA financing for low down payment mortgages. home buyers can actually put down less than an FHA loan Buyers must put down at least 3% to use the HomeReady loan versus 3.5% with FHA financing

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