Fannie Mae Phone Number

Details about Fannie Mae:

Fannie Mae helps the leaders to extend affordable mortgage financing to the homebuyers who are qualified for the mortgage loans. The combination of mortgage products, informative resources, and tools that are industry-leading are offered by the company to create the business opportunities for lenders and sustainable homeownership opportunities for the consumers.

About Company

Founded- 1938

Headquarters- Washington, D.C., U.S.A

Fannie Mae Customer Service Phone Number: 1 (800) 232-6643

Services:

The services offered by Fannie Mae are numerous but they mainly focus on these services:

Home Ready Mortgage: Homeowners are allowed to secure finance and purchase a home with a low down payment. If the borrower has a low to moderate income and the credit score is below 620, s/he can qualify for the Home Ready Mortgage. People who have a score above 620 get better pricing.

3% Down Payment: 3% of Down Payment is another resource for the homeowners who do not have access to enough funds to protect the large down payments.

HFA Preferred: The program is helpful for the homeowners in accessing affordable financing through state and local housing finance agencies and other lenders. HFA determines the income levels for the borrowers and there are no requirements for first-time buyers.

If you are a homebuyer for the first time, then the professional and the dedicated staff of Fannie Mae customer service will help you with all the queries you have regarding the home buying process. You can call on Fannie Mae phone number and get assisted.

FAQ for Fannie Mae
  • What are the Fannie Mae Guidelines.

    • For a fixed-rate mortgage it requires a minimum down payment of 5.

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