Say Goodbye to the 3% Down Fannie Mae Products - HomePath Included

TAMPA, Fla. - Nov. 19, 2013 - PRLog -- If you have clients looking at any of the Fannie Mae 3% (https://www.fanniemae.com/singlefamily/originating-underwriting) down options they must apply, register, and lock their loans prior to Friday. Fannie (https://www.fanniemae.com/singlefamily/originating-underwriting) is reducing the maximum loan to value to 95% - and any Mortgage Insurance Premiums are included in that 95%.

There are no changes to FHA (3.5% Down), USDA and VA (Zero Down).

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