Are you a military veteran or an active service member seeking a VA loan in Brevard County, Florida? Achieving the best interest rates on your
Learn about VA loan limits, jumbo loans, and how Morgan Financial can help you access the financing you need for your dream home. Contact us today for expert guidance and support!
4 BENEFITS OF CHOOSING A LOCAL MORTGAGE LENDER IN BREVARD COUNTY As you begin your journey towards homeownership, you may be wondering who you should
When you’re looking to buy a home in Brevard County, Florida, one of the most critical factors to consider is the mortgage interest rate you’ll
First-time homebuyers, it’s time to unlock the power of VA loans! As a veteran or active-duty service member, you have earned the opportunity to access
Navigating the mortgage landscape can be challenging, especially when it comes to understanding complex concepts like mortgage points. In this blog post, we’ll explain the
A Guide by Morgan Financial When it comes to buying a home, understanding mortgage rates and how they impact your payments is crucial. Mortgage rates
If you’re a veteran or active-duty service member looking to buy a home with a VA loan, you need a Certificate of Eligibility (COE) to prove your eligibility. In this guide, Morgan Financial explains what a COE is, why it’s important, and how to obtain one.
What are Fannie Mae and Freddie Mac?
No they aren’t actual people. Fannie Mae is also known as the Federal National Mortgage Association and Freddie Mac is just another name for the Federal Home Loan Mortgage Association.
Fannie Mae and Freddie Mac are government-sponsored enterprises. This shareholder-owned corporation was created by Congress in 1938 to provide stability, liquidity and affordability in the mortgage market as part of President Roosevelt’s New Deal. They are now our nation’s largest purchaser of home mortgages.
Basically, Fannie and Freddie purchase Mortgages from lenders, so that the lenders have more money to lend out. They then securitize the loans and sell them as mortgage backed securities to investors.
