Translate this Site

Sell a House in Boca Raton

  • Q&A  
  • Free CMA
  • Available 24/7
  • Outstanding Customer Service
  • Selling process A to Z
  • How to price your House
  • Staging
  • Repairs or over improvements?
  • Safety
  • Risk Elimination
  • Best Internet Advertising
  • Min 5 spots on First Page of Google 
  • Unique website for your home
  • Property Virtual tour
  • Community Virtual Tour
  • Community featured on at least 10 websites.
  • Social Media Blogging
  • Contract negotiation
  • Inspections
  • Buyer qualification
  • Solving problems
  • Successful closing

Highland Beach Oceanfront

  • Ambassadors North
  • Ambassadors South
  • Beach Walk
  • Carlton House
  • Clarendon
  • Highlands Place
  • Highland Towers
  • Ocean Dunes
  • Ocean Pines
  • Ocean Terrace
  • Parker Highland
  • Penthouse Towers
  • Townhouses of Highland
  • Trafalgar Highland Beach
  • Villa Magna
  • Villa Mare
  • Villa Nova
  • Villas of Highland Beach
  • Wiltshire House

  • Intracostal Luxury Properties

    • Bel Lido
    • Bel Marra
    • Byrd Beach
    • Boca Bay Colony
    • Boca Harbor
    • Boca Keys
    • Caribbean Keys
    • Estates Spanish River Land
    • Golden Harbor
    • Grand Cay
    • Harbor East
    • Kinney & Gates
    • Lago Mar
    • Lake Boca Raton
    • Lake Rogers
    • Por La Mar
    • Royal Palm Yacht & Country Club
    • Spanish River Land
    • Sun & Surf
    • The Estates
    • The Sanctuary
    • Walkers Cay Tropic
    • Walkers Isle

    Country Clubs

    • Boca Country Club
    • Boca Greens
    • Boca Grove CC
    • Boca Lago
    • Boca Pointe
    • Boca West CC
    • Boca Woods CC
    • Bocaire CC
    • Broken Sound CC
    • Polo Club CC
    • St. Andrews CC
    • Stonebridge CC
    • Woodfield CC
    fannie mae's low-down program Print E-mail

    What is Fannie Mae's low-down program?

    Fannie Mae is expanding the availability of low-down-payment loans in an effort to help more people nationwide qualify for a mortgage.
    Two new programs will help potential buyers overcome two of the most common obstacles to home ownership, low savings and a modest income.


    To address many first-time buyers' struggles to save the down payment, Fannie Mae developed Fannie 97. The program provides 97 percent financing on a fixed-rate mortgage with either a 25- or 30-year loan term through Fannie Mae's Community Home Buyers Program.
    Fannie Mae's new Start-Up Mortgage will assist buyers with a 5 percent down payment who are at any income level. Yet applicants do not need as much income to qualify and less cash for closing than with traditional mortgages. Borrowers will receive a 30-year, fixed-rate mortgage with a first-year monthly payment that is lower than the standard fixed-rate loan.
    Freddie Mac, Fannie Mae's counterpart, also offers low-down-payment loan programs.


    Questions about Boca Raton FL Real Estate?


    Ask us below or Call us Now at 561-213-6154
    AddThis Social Bookmark Button
    First Name*
    Last Name
    Email*
    Phone
    Question / Comments
     
     
    < Prev   Next >

    Featured Properties in Boca

    East Boca Communities

    Central Boca Communities

    West Boca Communities

    Payment Estimator

    Calculate your mortgage repayments:

    Loan amount: $
    Down payment: $
    Annual interest rate: %
    Term of loan: years

    Total interest:
    $
    Monthly payment:
    $

    Equal Housing Opportunity

    equal_housing_opportunity2.jpg