News
Lobbyist are pressuring the Treasury Department to prepare a plan to purchase current portfolios of mortgages from banks in hopes of lowering mortgages rates lower.
Last week, the Federal Reserve announced it would buy $500 billion in mortgage backed securities from Fannie Mae, Freddie Mac a Ginnie Mae. Response was immediate as mortgagerates dropped.
FHA Purchase Loans
FHA Loans are the most commonly used loans to purchase a house currently.
Only 3.5% of the purchase price is required for the downppayment.
(This can be from the borrowers funds / the funds can be gifted from a family member or your employer)
Contact one of our FHA specialists to purchase a home now.
Funding in all 50 States
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