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  2. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    800-290-4726 more ways to reach us. ... Freddie Mac’s Home Possible mortgage program is the counterpart to the HomeReady ... they’re offered through approved mortgage lenders throughout the U ...

  3. Prequalified vs. preapproved: What’s the difference? - AOL

    www.aol.com/finance/prequalified-vs-preapproved...

    800-290-4726 more ways to reach us. Sign in. Mail. ... Both relate to your status before you actually get a home loan but have some key differences. Here’s what you need to know about ...

  4. California could allow undocumented residents to qualify for ...

    www.aol.com/california-could-allow-undocumented...

    The $300 million in loans were claimed in just 11 days, which raised concerns that the program was helping people who could already afford it. This led to the California Housing Finance Agency and ...

  5. State of New York Mortgage Agency - Wikipedia

    en.wikipedia.org/wiki/State_of_New_York_Mortgage...

    The State of New York Mortgage Agency (SONYMA or Sonny Mae) is a New York State public-benefit corporation created in 1970 by the state government of New York to provide affordable homeownership to low-and moderate-income New Yorkers. [1] [2] It offers affordably priced fixed-rate mortgages through several mortgage programs

  6. Pre-qualification - Wikipedia

    en.wikipedia.org/wiki/Pre-qualification

    In a mortgage context, pre-qualification denotes a process that has not yet been underwritten by the lending institution. Typically, subprime lenders will allow 50% DTI. . Common monthly debts used for calculating DTI are mortgage (or new mortgage payment), auto payment(s), minimum credit card payment(s), student loans, and any other common monthly or revolving debt that is on the applicant's ...

  7. Federal Home Loan Banks - Wikipedia

    en.wikipedia.org/wiki/Federal_Home_Loan_Banks

    For a list of articles discussing the Federal Home Loan Bank System, Fannie Mae, and Freddie Mac, see Fannie Mae and Freddie Mac: A Bibliography. Susan M. Hoffman and Mark K. Cassell, eds. Mission Expansion in the Federal Home Loan Bank System (State University of New York Press; 2010) 208 pages; Thomson, James B. and Matthew Koepke.

  8. Undocumented immigrants in California could have a new path ...

    www.aol.com/news/undocumented-immigrants...

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  9. Pre-approval - Wikipedia

    en.wikipedia.org/wiki/Pre-approval

    In lending, a pre-approval is the pre-qualification for a loan or mortgage of a certain value range. [1]For a general loan a lender, via public or proprietary information, feels that a potential borrower is completely credit-worthy enough for a certain credit product, and approaches the potential customer with a guarantee that should they want that product, they would be guaranteed to get it.

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