Thread: Down payment
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Old 06-03-2008, 01:38 PM   #12 (permalink)
Loan Doctor
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Conventional Down Payment guideline changes

Effective 2 June 2008, FannieMae & FreddieMac have changed their guidelines so that all loans must have at least 3% down. This is just another reason for people that are ready to purchase a home to use FHA programs.

Charles
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