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Fannie Mae 125% Under Water Program

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Forums » For Mortgage Professionals » General Mortgage Discussion » Fannie Mae 125% Under Water Program
 

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Latest post Fri, Oct 23 2009 10:17 AM by Melvin List. 3 replies. Viewed 406 times.
Page 1 of 1 (4 items)

  • Mon, Oct 19 2009 1:30 PM                

    • Anonymous

    I need to find out what servicer will do the 125% fanniemae under water program?

  • Tue, Oct 20 2009 3:00 PM                 In reply to

    |Contact

    There are many lenders doing this sort of loan.  You may want to go to the Directory tab above and find a Loan Officer in your area that will be able to help you find the best lender for you to be able to do this loan. 

  • Wed, Oct 21 2009 6:12 PM                 In reply to

    |Contact

    So far, only the current servicer will allow LTV's from 105-125. However, depending on the servicer a broker could probably get you a better deal with your current servicer than if you go direct.

    Who is currently servicing your loan?

    PREMIUM MEMBER
     Bob Hill
    Sales and Marketing Manager
    CMS Mortgage 888-273-8636
    108 W. Ridgeville Blvd. #201, Mount Airy, MD 21771

  • Fri, Oct 23 2009 10:17 AM                 In reply to

    |Contact

    Many lenders are offering this product.  What state are you in?

     

    Only Florida loans for me.

    PREMIUM MEMBER
     Mortgage Planner with Homexpress Lending in St. Petersburg, Florida. Please call me with any questions at 813-414-0308. Florida loans only.
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