Freddie & Fannie 3% Down Payment Loans Again ?
By · December 11, 2014
Looks like Freddie and Fannie will start giving first-time home buyers help with purchasing their first home. Yep, beginning as early as December 13, you can start the paperwork.
Normally, first-time home buyers can be anyone who has not owned a home in the past three years, but it is always a good idea to double check their requirements.
They will be strict on documentation and qualification, which they should be or we will be back in the same mess we were in with homeowners buying over their heads.
Here's the story from Inman News