Fannie Mae Loans
Low to Middle Income Mortgages
About Fannie Mae
Fannie Mae's primary goal is to ensure that low to middle income citizens can qualify for a home loan. Fannie Mae does not receive funds from the government; in fact, they are one of the United State's biggest taxpayers. Fannie Mae does not lend money directly to borrowers; instead they buy Federal Housing Administration (FHA)-insured home loans under $417,000 from mortgage companies. The mortgage companies can then use that money to make more mortgages for low to middle income home buyers. |
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See Also
Home Loan Quotes for Low to Middle Income Americans in all 50 States:
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