What is FNMA & FHLMC?
These are Government backed subsidized loans. This is where the Government actually buys down the interest for the conventional 30 year fixed rate mortgage. The meaning is FNMA = Fannie Mae and FHLMC = Freddie Mac.
We can help you apply with either agency, depending on your individual loan criteria. Each agency has just a little different set of rules.
What is FNMA & FHLMC?