Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator
Mortgage Professor about freddie mac guidelines: 
Why Won't My Mortgage Refinance Go Through?
May 19, 2003 "I filled out all the forms to refinance my loan, paid the $350 lock-in fee, provided all the documents they asked for...But it is now 4 months and still it hasn't closed...Periodically I call the person in charge of my refinancing, and he says he will get back ... more...

Difficult For Self-Employed to Qualify For a Mortgage?
January 4, 1999 "I am self-employed and want to purchase a house. When I went to a mortgage broker for a loan, he wouldn't give me the time of day! I can't believe that the system doesn't work for people like me." It does work for people like you, but it is ... more...

freddie mac guidelines related definitions

Non Conforming Loan
Non Conforming Loan A loan that does not meet the Fannie Mae or Freddie Mac underwriting guidelines. This is also known as a portfolio mortgage. The loan can't be sold on the secondary market so it must keep it and service it in its own portfolio. Non-conforming loans have ... more...

Freddie Mac
Freddie Mac Federal Home Loan Mortgage Corporation (FHLMC) also called "Freddie Mac" - a quasi-governmental, federally sponsored organization that acts as a secondary market investor to buy and sell mortgage loans. FHLMC sets many of the guidelines for conventional ... more...

More about freddie mac guidelines

Get Free freddie mac guidelines Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

The Beginner's Guide to Freelance Writing
The Big IdeaOkay. So youve figured out that you would like to write for magazines, newspapers, and e-zines. Unfortunately, so have about eight gazillion other people on this planet. Therefore, you have to stand out from the crowd. You have to sparkle. How do you do this? Simple. It all starts ... more...

Banking on Good Banks: Guidelines to Help You Choose the Right Bank for You
More often than not, we make decisions impulsively, without dwelling on too much thought about what we want and without considering other options, guidelines and criteria to base our decisions with. We can always get away with this on small decisions such as deciding on the flavor of Starbucks ... more...

Mortgage 101-Rental History
Every American teen dreams of the day he/she will leave their parents home and rent their first apartment. What a wonderful time it will be. Independence. There is no one to boss you around. Most people dont plan for the future. Are you thinking a purchasing your first home? Are you ... more...

Do You Have a Plan?
Writing a business plan for a home based business is every bit as important as writing a business plan for a conventional outside the home business. The lack of a concrete plan can be linked to many businesses failing before they realize their goals.There are numerous software programs available ... more...

Purchase Order Financing Overview
Knowing the ends and outs of purchase order financing is an asset to almost any small or medium sized business owner. In the sections below you will learn just exactly what purchase order financing is, the benefits, drawbacks, who can benefit the most from it, and would be likely to qualify for it ... more...

Writing For Dollars -- A Freelancer's Guide
If you have writing skills and want to use your skills to earn some income for yourself and families, we offer a few tips here. You can get some good opportunities from your local area and from Internet. Your novel sits unfinished, waiting for a burst of inspiration to send it out to be typewriter ... more...

Look at Me [completion of Chapter Two]
John Nobel [On down to New Orleans1925]Niggers singing and dancing on the wooded raft, must had drifted down the Ohio to the Mississippi, must be at least twenty of them, said John to himself, out loud. There were also some Negro babies he observed, women, and a few half breads, on the raft.It was ... more...

Let Your Lender Help You Save Your Home!
A newly released study by Freddie Mac, the mortgage giant and the Roper Organization; professional pollsters, showed that 61% of delinquent homeowners did not know about workout options offered by lenders designed to help them save their home.This is a shame as Freddie Macs records show that up to ... more...

Types of Mortgage Loans The Basics
In the past, homebuyers more or less had limited mortgage loan options. These days, there are more options than you can shake a stick at, but heres a primer on the basics.Mortgage LoansWith the real estate market explosion over the last 10 years, a call has gone out for unique mortgage loan ... more...

Behind on Your Home Mortgage Payment? Work with Your Lender!
When you get behind on your home mortgage payment, it can be a scary proposition. The chances are good that if you're like most folks in that situation, your house payments aren't the only financial obligations you're behind on. You're being stressed, emotionally and financially, and your home life ... more...

Return to previous page   More articles on freddie mac guidelines
Shop For Your Mortgage Now!
Shop For Your Mortgage Now!

You'll be re-directed to Top-Lenders.com

Want to Know Your Rate?
Get Customized Mortgage Quote Instantly

Mortgage Indexes Info
30 Yr Fixed Rate
15 Yr Fixed Rate
5/1, 3/1 ARM
CODI
COSI
12 MTA
COFI 11th District, Federal
12 Month LIBOR (USD)
1 Year CMT
Market Indexes Info
WSJ Prime Rate
FNMA
Federal Funds
30 Year Treasury

 

ExplainingMortgages © 2005 - 2009