Items Tagged with '3% down payment'

ARTICLES

  • Wells Fargo's fake account scandal didn't dent 2016 mortgage business

    Here's a full breakdown
    Wells Fargo spent much of the latter part of 2016 cleaning up the mess from its massive fake accounts scandal and trying to repair the damage to its reputation, but the bank’s mortgage business certainly didn’t suffer last year. Here's a full breakdown of Wells Fargo's 2016 mortgage business, including how many 3% down mortgages the bank originated.
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  • Low down payment mortgages can compete in today's market

    Redfin advice to sellers: "The highest offer is not necessarily the best"
    Despite the growing prominence of low down payment mortgages, first-time homebuyers believe they need to put 20% down to compete in today’s market. The market is changing though, and a new survey of real estate agents shows that low down payment mortgages can and do compete. Sellers are even recognizing this.
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  • 6 myths about Freddie Mac's 3% down mortgage

    Don't let these block you
    Freddie Mac designed this program to help more first-time homebuyers and other qualified borrowers jump into the market, but it has struggled to get off the ground due to lender fears and even borrower misconceptions. To help combat the lack of information, Freddie Mac designed this handy flash card to dispel some of the common myths about its program.
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