Jonesboro homebuyers, and sellers, do you think buying or selling in the current market is impossible? THINK AGAIN!! As of June 1, Fannie Mae, the largest US home funding source, is again changing its standards in order to help out the housing industry and to make more affordable housing available. While you still need a pretty good credit score to get a loan, Fannie Mae will again accept downpayments as low as 3 percent for single family, primary residences in the U.S. So if you thought no one could afford to buy your home, or if you thought you couldn’t afford to buy one yourself, think again. Things are looking up! Talk to your Realtor, your Banker, or your Mortgage Company! mkm
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