Fannie Mae Launches New MH Advantage Loan Program – Fannie Mae has re-launched its MH Advantage program. The program is designed to provide increased financing options for manufactured housing and close the gap between affordable housing and the traditional site-built residences. Homes that are eligible for the new MH Advantage program include the following features:
Fannie Mae unveils new high ltv refinance to replace HARP in 2019. The Fannie Mae High Loan-To-Value Refinance Option (HLRO) is for homeowners who are underwater on their mortgages but want to.
High Risk Construction Loans High Balance mortgage rates high-balance limits for Certain Counties. Rates are a little bit higher for high-balance conforming loans conforming loan vs jumbo, typically by one-eighth to one-quarter percent, depending on the lender. If private mortgage insurance is required (on loans with less than a 20 percent down payment) the PMI premium is typically more expensive.