0
What percent of retirement assets can be used in a Fannie Mae loan?
Wiki User
∙ 14y ago
Retirement assets may be counted at only 60 percent of current value.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Can you buy a home owned by Freddie Mac with a Fannie Mae loan?
No
What loan rates are available from Fannie Mae?
The loan rates for Fannie Mae are always changing. The most updated loan rates as of July 5th 2013 are 3.4% for a 30 year fixed rate mortgage. The rates vary depending on the amortization schedule, and credit score of the individual applying for the loan.
What types of assets can be used to get a secured loan?
The assets someone need to own to use as securities for a secured loan would be anything equal to value of the loan such as a car.
Is a loan a liquid or illiquid asset?
liquid assets
Where is it possible to get an FHA Refinance loan?
You can get a FHA Refinance loan from a number of lenders. These are registered with Fannie Mac, and include Wells Fargo, Bank of America and JPMorgan Chase.
who own / finance Litton loan. Is it Fannie May or Freddie Mac?
Fannie Mae owns Litton Loan
How many years out of foreclosure to qualify for a fannie Mae loan?
4
Can you buy a home owned by Freddie Mac with a Fannie Mae loan?
No
What loan rates are available from Fannie Mae?
The loan rates for Fannie Mae are always changing. The most updated loan rates as of July 5th 2013 are 3.4% for a 30 year fixed rate mortgage. The rates vary depending on the amortization schedule, and credit score of the individual applying for the loan.
What types of assets can be used to get a secured loan?
The assets someone need to own to use as securities for a secured loan would be anything equal to value of the loan such as a car.
Do you have a deficiency balance in a short sale?
yes only if Fannie Mae/Freddie Mac Backed loan, I believe you can/can not be late if conventional loan
What is the Fannie Mae foreclosure law?
how many days delinquent before a loan goes into foreclosure
What can and cannot be garnished from your retirement?
Monthly child support payments can be garnished from retirement.
Is a loan a liquid or illiquid asset?
liquid assets
Is a deferred loan cost an intangible assets?
YES
Where is it possible to get an FHA Refinance loan?
You can get a FHA Refinance loan from a number of lenders. These are registered with Fannie Mac, and include Wells Fargo, Bank of America and JPMorgan Chase.
Total debt to total asset ratio?
Loan companies typically look at your debt to total asset ratio when making lending decisions. If your debt is more than 50 percent of your total assets, they may not give you a large loan.
