Changes Coming with Fannie Mae Approvals
Now that the market is changing its important to know what needs to be done in todays environment to get the best rates for home loans going forward. Its absolutely imperative that those needing a home loan start at least 90 days prior checking their credit and improving their scores.
For Fannie Mae loans there are basically 3 types of approvals. The first and the best is Approve / Eligible. The others in graded order are EA 1, EA 2 and EA 3. [Read more →]
August 27, 2007 1 Comment
