Fannie Mae and Freddie Mac Are Offering 3% Down Programs

Fannie Mae and Freddie Mac Are Offering 3% Down Mortgage Programs

Fannie Mae and Freddie Mac have both announced that they will begin offering 3% down options for home buyers. Fannie Mae’s 3% mortgage program went into effect on December 13, 2014. Fannie Mac will roll out their 3% down mortgage program beginning March 23, 2015.

The 3% down programs will be helpful to potential home buyers that qualify for a loan but lack the funds for a more substantial down payment.

The Lowry Team can refer you to their preferred lender. First Option Lending can explain these new programs in further detail. They can also start the pre-approval process so that you can begin looking for your new home.

Contact Eric Lowry, CEO of The Lowry Team, for more information about the housing market, interest rates, and buying or selling a home. He can arrange for a FREE Buyer’s Consultation to help you determine what the best course of action is for you.

The Lowry Team – Keller Williams Realty is an award winning, full service real estate firm specializing in West Chester, Liberty Township, Mason, Monroe and the Northern Suburbs of Cincinnati. The Lowry Team is “Different By Design”… taking a team approach to home buying and selling. The Lowry Team consists of members that are focused on areas of specialization including Listing Specialists, Buyer Specialists, Transaction/Listing Coordinator, Inside Sales Associate and a Marketing Director.

Don’t Hire an Agent…Hire a Team. The Lowry Team.

Buyers and Sellers can reach The Lowry Team Keller Williams at 513-874-1830.

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