Tag Archives: Home Possible

UWM brings back 1% down conventional mortgage program

By | | Uncategorized
Comments Off on UWM brings back 1% down conventional mortgage program

Nation’s largest lender reboots 1 percent down loans that cover up to $7,000 of the homebuyer’s down payment when financing a purchase backed by Fannie Mae or Freddie Mac. Continue reading →

Mortgage giants offering very low income homebuyers a spring break

By | | Uncategorized
Comments Off on Mortgage giants offering very low income homebuyers a spring break

Fannie Mae and Freddie Mac are offering a $2,500 credit that borrowers can put toward their down payment, closing costs, escrow or mortgage insurance premiums. Continue reading →

Zillow is the latest lender to offer a 1% down purchase mortgage

By | | Uncategorized
Comments Off on Zillow is the latest lender to offer a 1% down purchase mortgage

UWM and Rocket Mortgage are also leveraging Fannie Mae and Freddie Mac programs tailored to borrowers earning less than 80 percent of the area median income. Continue reading →