UW CU Offers 100% Financing For Fannie Mae-Backed Loan

MADISON, Wis. – UW CU yesterday announced it is partnering with the Wisconsin Home and Economic Development Authority to offer the Fannie Mae Advantage Mortgage, which offers up to 100% financing on 30-year, fixed rate loans for first-time home buyers.

Processing Content

The borrowers will not be required to purchase private mortgage insurance and the loans carry eligibility guidelines that vary from county to county.


For reprint and licensing requests for this article, click here.
Lending
MORE FROM AMERICAN BANKER
Load More