Home Buying in Brooklyn>Question Details

Doughome, Home Buyer in Brooklyn, NY

I’ve heard about Fannie Mae programs. Will they really help me buy a house?

Asked by Doughome, Brooklyn, NY Mon Feb 25, 2013

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Yes. The first thing you need to do is meet face-to-face with a Loan Officer and allow him/her pre-approve you. They'll review your credit report and other income documentation and determine what you can qualify for and what your mortgage options are.

You wouldn't be meeting with a Fannie Mae representative, but rather a Loan Officer who works for a bank who originates Fannie Mae loans and possibly other types of mortgages that can be good options for you. If you new an experienced Loan Officer to help you, im always available to meet with you in our Brooklyn offices. Good luck!

Javier Meneses
Senior Loan Officer
NMLS #23130
STERLING NATIONAL BANK
310 Crossways Park Drive
Woodbury, NY 11797
jmeneses@snb.com
3 votes Thank Flag Link Mon Feb 25, 2013
If you qualify, the answer is yes. Fannie Mae Homepath Financing 3% down-payment, no appraisal contingency, no mortgage insurance.

http://www.homepath.com/financing.html
0 votes Thank Flag Link Mon Feb 25, 2013
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