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Fannie Mae Reduces Downpayment Requirements

May 16th, 2008

Buyers rejoice! In 2007, Fannie Mae had designated Palm Beach County a “declining market” and since late last year was adding an extra 5% to most down payment requirements in our market area.

Fannie Mae changed that policy today:

Tags: down payment, Fannie Mae, Lending, LTV
Posted in Lending | No Comments »

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Fannie Mae Reduces Downpayment Requirements