Sentences with phrase «sponsored loan guarantors»
A jumbo loan applies to mortgage loans that exceed the limit — currently $ 417,000 for a one - unit property — to be backed by the government - sponsored loan guarantors Fannie Mae and Freddie Mac.
http://www.badcredit.org/
Government - sponsored loan guarantor Fannie Mae was the first bank - owned home seller to express concerns about the destabilizing effect investor dominance could have and has been pushing a program called First Look, which prohibits investors from bidding on Fannie Mae - owned homes for the first 15 days after they are listed for sale.
Not exact matches
These are much easier to obtain when backed by assets (home equity or an IRA) or third - party guarantors (e.g., government - sponsored SBA loans or a cosigner).