Fannie & FHA – Crowd Sourcing for Down Payment: What agencies accept crowd funding as an acceptable source of down payment?
Answer – Fannie Says: This type of down payment source is not eligible for the industry as a whole. It is available on a dedicated variance with just a couple of lenders. Fannie Mae is the only one accepting this right now, with a variance, in a pilot. Answer – FHA Says: Neither FHA or VA provide any […]