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Fannie Mae to Loosen Loan Requirements July 29

July 10, 2017

Fannie Mae will ease its loan qualification requirements, raising its debt-to-income ceiling from 45 percent to 50 percent on July 29. The move could make it easier for a larger number of new buyers to qualify for a mortgage, particularly millennials who may be burdened with student loan debt. The debt-to-income ratio compares a person’s […]

Filed Under: At A Glance, CVAR News, Government Affairs, Industry News, National News, Pro Tips Tagged With: Fannie Mae, FHA, loan qualifications

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