Are Fannie Mae and Freddie Mac FHA lenders?

Are Fannie Mae and Freddie Mac FHA lenders?
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1 Answer

Answer :

No Fannie Mae and Freddie Mac are not FHA lenders. FHA loans are guaranteed loans and the others are not. FHA loans also have different guidelines and qualification tools.
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The importance of ‘Trading on Equity’ lies in the fact that if the company is earning more profit, it can make use of borrowed capital and preference share capital and by doing so, it can increase the income of: a. Preference Shareholders b. Lenders c. Equity Shareholders d. Government

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Description : What are the qualifications for an fha loan?

Last Answer : Why do you want an FHA loan?

FHA - Home Loan Program?

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FHA Mortgage Loan Calculator?

Description : FHA Mortgage Loan Calculator?

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Does one have to be a first time home buyer to qualify for an FHA loan?

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How do I obtain an FHA loan?

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How do I apply for an FHA loan?

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can an REO SELLER/ BANK charge a buyer "per diem" when the buyer is using an FHA loan ?

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Last Answer : Yes, a REO seller can charge a buyer per diem interest when the buyer is using an FHA loan. A per diem fee can be around $150 per day.

need someone that will do mfg home fha loans in sc.?

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FHA Lending institution in Portage, IN?

Description : FHA Lending institution in Portage, IN?

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What are the current FHA interest rates Where can I go on line to see daily changes.?

Description : What are the current FHA interest rates Where can I go on line to see daily changes.?

Last Answer : The current 15-year FHA rate is 5.42% You can find rates daily at: http://www.mortgage101.com/Articles/DailyRatesurvey.asp

Where would I get information on the requirements to apply for fha loans?

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Last Answer : You can get all the information you will ever need on the internet. Just go to FHA and search for the Federal Housing Administration/U.S. Department of Housing and Urban Development. Look for FHA loan requirements.

I need more information on FHA loans, as my loan officer tells me I am eligible for one.?

Description : I need more information on FHA loans, as my loan officer tells me I am eligible for one.?

Last Answer : You can get information on FHA loans from government sites. Depending on how much you want to find, there are many mortgages that you can apply for on the site.

What does an FHA loan cost to get?

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Last Answer : The cost of the FHA Loan depends on what kind of loan you receive. Their down payments do go as low as 3.5%, and they have many options.

Which site has the best reviews on FHA loans?

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Last Answer : Quicken Loans is one of the best FHA lenders. Their website is www.quickenloans.com. Another good FHA lender is Wells Fargo www.wellsfargo.com. Bank of America also is an FHA lender. You can go to ... a lot of good information on FHA lenders. This site will take you to the FHA lenders cited above.

Is an FHA loan a type of government mortgage assistance?

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Last Answer : Yes, an FHA loan is a special program for first time home-buyers. It offers you a first time home buyer credit and is a form of government assistance.

What are FHA mortgage requirements?

Description : What are FHA mortgage requirements?

Last Answer : There are many ways to explore an FHA loan and find out the FHA mortgage requirements. Usually the easiest solution is to talk to your local banker. It is also possible to obtain this information via the FHA.gov website.

What are some FHA mortgage requirements and how does credit affect the amount of loan you are able to get?

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Last Answer : Some FHA mortgage requirements are being employed and having a decent credit score. Your credit doesn't affect the amount you can be loaned as much as how much money you make.

What are the benefits of an FHA home loan?

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Last Answer : One of the benefits of an FHA loan is that the payments are the same for the duration of the loan. One can have a low credit score and still be able to obtain an FHA loan.

What are the FHA loan requirements for mortgage insurance?

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Last Answer : The FHA, or Federal Housing Administration, provides mortgage insurance on loans made by FHA-approved lenders. FHA insures these loans on single family and multi-family homes in the United States ... properties since 1934 when it was created. Learn more about FHA loan requirements and guidelines.

FHA Loan Calculator and Loan Options?

Description : FHA Loan Calculator and Loan Options?

Last Answer : FHA loans were created to help minority people and other first-time home owners purchase a home. A FHA Loan calculator can help you figure out how much mortgage you can afford. It is important to be ... You must also figure in the annual taxes for the home. All of these figures will help you dete

Can I send Sallie Mae and the State Dept. of Edu after my mother's estate?

Description : Can I send Sallie Mae and the State Dept. of Edu after my mother's estate?

Last Answer : answer: As far as I know is the same issue that you raised in your other question. You need to get the facts straight and, difficult as it is, separate fact from wishful thinking. You have not ... contract Legal Aid in the state where you have incurred the debts in order to get some legal advice.

Have you ever used Sallie Mae for student loans as an undergraduate?

Description : Have you ever used Sallie Mae for student loans as an undergraduate?

Last Answer : Additionally, where should I apply for loans? I am trying to stick to Government approved loans, so Sallie Mae probably not what I’m looking for, however there seems to only be one option for my school called the “William D. Ford Direct Loan Program”