Fannie Mae 10% Down For Investors!
22 March, 2009
(4) Comment
I remember the good ole days when you could buy a 4 unit building for 5% down. Ahh…that was the day. Recently you need 25% down. Now Fannie Mae has changed their regulations as a way to stimulate the economy. They have set up a program called Fannie Mae Home Path to allow investors to buy Fannie Mae properties with only 10% down. Read about this the Fannie Mae Home Path on Rob Bonahooms blog.
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Mortgage Information
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I was just wondering how you keep so current in your information? I am a beginning investor and I am always looking for ways to keep up with today’s market.
I wish I was up to date as I could be. I think finding the good websites out there of people in the trenches is the best way.
This home path program sounds great. Thanks for sharing this Scott!