An Early Christmas Present!

Your Christmas wish might have been answered! Fannie Mae and Freddie Mac will be offering borrowers the option of 3% down as early as next week. This news is great for first time buyers and owners with a smaller portion of equity. So, although we’ve given you several reasons to purchase your home at year’s-end, this may be the icing on the cake. Borrowers will be required to meet the usual underwriting, income documentation, and risk management standards, but overall, this is great news if you’re considering purchasing a home in the nar future. We can assist you with making the leap from searching the market to owning your home this Winter – give a John Moffitt & Associates agent a call to become a homeowner before 2015!

 

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