The advance payment. The truth that you’re incorporating a cosigner to your loan will not create a advance payment requirement disappear completely.

The advance payment. The truth that you’re incorporating a cosigner to your loan will not create a advance payment requirement disappear completely. Based on the many recent recommendations from the Federal National Mortgage Association (or “Fannie Mae”)—the loan-to-value ratio regarding the home being purchased cannot exceed 95 per cent. Which… Continue reading