Edina, Minnesota
4445 W 77th St , Suite 105
Minneapolis, MN 55435
952-797-6032

Fannie Mae raises debt-to-income ratio to further expand mortgage lending July 27, 2017

Edina, Edina
Fannie Mae raises debt-to-income ratio to further expand mortgage lending, Edina, Minnesota

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.

Read the full story - CLICK HERE!

Other Announcements, Events and Deals from Fairway Independent Mortgage Corporation
You're Invited!, Edina, Minnesota
FREE Reverse Mortgage Seminar! Do You Own Your Home? Are You At Least 62 Years Old? Would you like to remain in your home for as long as possible with no monthly mortgage payments –...read more
We Couldn't Escape!!!, Edina, Minnesota
Even though we didn’t escape – Our team building night out at the Mall of America was a blast!!! read more
Fantasy Football Breaking News!, Edina, Minnesota
A look at several #fantasyfootball stats and situations from around the NFL. CLICK HERE FOR MORE! read more
What is a Transfer on Death Deed?, Edina, Minnesota
Join Attorney Philip J. Ruce in this ongoing video series as he briefly discusses frequently asked questions in estate and trust planning. Today, Philip discusses a Transfer on Deat...read more
Happy Veterans Day!, Edina, Minnesota
Thank you to all who serve and have served. Happy Veterans Day! read more