How do I know if my mortgage loan is Fannie Mae or Freddy Mac?

Answer Fannie Mae and Freddie Mac own a huge number of loans across the United States. The average homeowner, though, might have little idea if either agency owns the loan. After all, homeowners make out ... Read More »

Top Q&A For: How do I know if my mortgage loan is Fannie Mae...

Is fannie mae a fha loan?

Fannie Mae (FNMA) is a conventional lending association that sets guidelines for lenders to lend mortgage money without the benefit of government insurance for the lender if the borrower defaults. ... Read More »

How to Apply For a Fannie Mae Loan?

Fannie Mae is a privately held, publicly traded company that works closely with the government to create lending opportunities for people who need mortgages. Fannie Mae does not lend money directly... Read More »

Are Fannie Mae& Freddie Mac the same as a FHA or HUD loan?

No, they are different types of mortgages. Fannie Mae and Freddie Mac underwrite conventional mortgages. U.S. Department of Housing and Urban Development (HUD) underwrites Federal Housing Administr... Read More »

How to Buy Foreclosures from Fannie Mae and Freddie Mac?

Fannie Mae and Freddie Mac are mentioned a lot in the news, but you’re rarely provided with an explanation of what exactly these companies are. They stand for Federal National Mortgage Associatio... Read More »