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Fannie Tightens Interest Only Guidelines

Posted at 5:20 AM on 12/30/2006
Fannie Tightens Interest Only Guidelines
Fannie Mae announced it will treat interest only as a feature rather than a product. Among the changes the secondary lender will be requiring is for interest only borrowers to be qualified at a fully indexed rate. In addition, Fannie said borrowers must also be qualified using a fully amortizing payment amount.


When Going for a Refinance
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How to Select a Realtor or Real Estate Broker

Posted at 12:49 AM on 12/29/2006
How to Select a Realtor or Real Estate Broker
If you are considering purchasing property in which to house your small business, where should you begin? Although you are free to search for real estate properties on your own, your best option is to find a professional realtor or real estate broker to handle the transaction for you. There are definite advantages to working with a real estate professional, such as: Peace of mind. Real estate transactions can be tricky, and if you do not know what you are doing, you could end up spending



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