Daily Archives: October 21, 2013

Fannie Mae Increases Minimum Down Payment in November 2013!

Posted on October 21, 2013 by Tim

ShareTweet You read that correctly! Beginning November borrowers will not have access to 3% down mortgages through Fannie Mae. The minimum down payment will increase to 5%, forcing borrowers to turn to FHA with a higher cost due to Mortgage … Continue reading →

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