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Day: February 6, 2015

By Posted on Posted in About Raleigh, Affordable Housing, Apex, Cary, Clayton, Fannie Mae, FAQ, FHA Loans, First Time Home Buyer, Fuquay-Varina, Low Down Payment Loans Tagged with ,

Frequently Asked Questions and Answers to the new Conventional 97% Mortgage. Is the Conventional 97 a government-backed mortgage program? Yes, the Conventional 97 mortgage program is backed by the government. It’s offered via Fannie Mae only. The program is not …

Conventional 3% Down Mortgages 27 FAQ’s Read more »

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According to research of the foreclosures during the past 7 years, chief among the cited reasons were lack of down payment, undisclosed debt by the buyers, reduced credit requirements, and unstable income. In response to greater accountability to Washington lenders …

What is a My Community Mortgage? Read more »