The country’s largest source of mortgage money, Fannie Mae, soon plans to ease its debt-to-income (DTI) requirements, potentially opening the door to home-purchase mortgages for large numbers of new buyers. Fannie will be raising its DTI ceiling from the current 45 percent to 50 percent as of July 29.
Fannie Mae raises debt-to-income ratio to further expand mortgage lending July 27, 2017
Other Announcements, Events and Deals from Fairway Independent Mortgage Corporation
Brother and Sister, Meg and Robert are new home owners! Congratulations and thanks for closing with Team Dominic! Learn how we can help you become a happy home buyer too! Visi...read more
Confused about what's going on with your personal data, your credit and the massive data breach at Equifax? You're not alone. Equifax, one of the three major credit reporting agenci...read more
Seeing double?!? :)) That’s Dominic with our recent happy home buyers who successfully closed on their new homes!!! Congratulations everybody! Learn how Team Domin...read more
See what the Star Tribune report on the the Twin Cities Home Builders Survey has to say about 2018! Read the full article here! read more