Interest Only Mortgage,Fannie Mae

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Loan Application Alert : Conforming, Interest Only Mortgages Guidelines Change Next Week

By Steve Levitt On June 16, 2010 · In Mortgage Guidelines

If you plan to finance your home with a conforming interest only mortgage, get your loan application submitted no later than this Friday, June 18. Starting next week, Fannie Mae is clamping down on the popular loan product.

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Loan Application Alert : Conforming, Interest Only Mortgages Guidelines Change Next Week

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