

ASK MIKE MONDAYS - How difficult is it to ASSUME a FANNIE MAE loan? What is a SUPPLEMENTAL loan?
ASK MIKE MONDAYS - How difficult is it to ASSUME a FANNIE MAE loan? What is a SUPPLEMENTAL loan?
A unique feature with a Fannie Mae loan is the ability to assume the existing loan from the seller and then apply for a new subordinated loan to get max leverage. Mike explains the additional benefits and needed structure of applying for a Fannie Mae assumption & supplemental loan.
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%%excerpt%% The loan quality of mortgage pools backing private-label securitization deals has remained solid this year through the end of June, even as deal volume slowed appreciably between the first and second quarters.
The post Lower-rate loans dominate PLS pipeline appeared first on HousingWire.
%%excerpt%% The loan quality of mortgage pools backing private-label securitization deals has remained solid this year through the end of June, even as deal volume slowed appreciably between the first and second quarters.
The post Lower-rate loans dominate PLS pipeline appeared first on HousingWire.
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