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HOMES FOR SALE

RESOURCES

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Resources:  Mortgage Lending

Federal National Mortgage Association (Fannie Mae)
http://www.homepath.com/
Fannie Mae, working with its lender partners, develops and funds mortgages. This Fannie Mae website has an excellent collection of mortgage calculators and good explanations of different types of loan programs. (Fannie Mae doesn't make loans directly to home buyers. Instead, it work with mortgage lenders to make sure they have money to lend.)
Federal Home Loan Mortgage Corp (Fannie Mae)
http://www.freddiemac.com/
Freddie Mac is a stockholder-owned corporation chartered by Congress in 1970 to create a continuous flow of funds to mortgage lenders in support of homeownership and rental housing. Freddie Mac purchases mortgages from lenders and packages them into securities that are sold to investors.
Government National Mortgage Association (Ginnie Mae)
http://www.ginniemae.gov/
U.S. Department Of Housing And Urban Development (HUD)
http://www.hud.gov/
This site has good information for consumers, but it is a monstrously big site, and therefore a bit difficult to use.
Mortgage Quotes
http://www.mortgagequotes.com/
Mortgage rates from over 1,000 lenders throughout the United States. 

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The ideas and opinions expressed here are Ken Lampton's ideas, and are not necessarily those of his Broker or of RE/MAX International, Inc. The information on this website should not be construed as a recommendation for any course of action regarding financial or legal matters.

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