Fannie Mae Raises Minimum Down Payment From 3% to 5%
September 12, 2013I heard that Fannie Mae was raising their minimum down payment requirement from 3% to 5% so I contacted a loan officer to get the scoop. Guest Blogger, Ramez Fahmy of Caliber Home Loans explains the latest changes to Fannie Mae’s underwriting guidelines and how they may or may not impact your decision to buy a home.
More