For loans NOT backed by FHA, Fannie Mae or Freddie Mac use the Mortgage Assistance Application #3. If you’re unable to print the forms, please call us at 1-800-724-1633 and we’ll mail them to you. Please note: If your loan is backed by the Federal Housing Administration (FHA),...
What Is a Jumbo Loan? The Federal Housing Finance Agency (FHFA) sets certain limits for mortgage sizes. In addition, a conforming loan must abide by rules established by Fannie Mae or Freddie Mac, both of which are government-controlled agencies. When a home loan exceeds the limits set by ...
Let you know what you can use FHA loans for and how to apply! You can get your FHA Home Loan questions answered by speaking with one of our FHA Approved Lenders by clicking here! Ok, so what’s the big deal with FHA Loans anyway? Worried about coming up with a ton of cash for a...
Nonperforming assets account for 1.2% of total assets, and loan-loss reserves represent 141% of nonperforming loans. However, on the January call, manage- ment warned that 9% of the loan portfo- lio was "distressed." Residential home- builder loans amount to $4.4 billion, home-equity ...