CBC Mortgage Agency offers temporary rate buydowns on FHA loans

CBC Mortgage Agency offers temporary rate buydowns on FHA loans

CBC Mortgage Agency – a federally chartered housing finance agency – will offer two temporary rate buydown features for its down payment assistance (DPA) program for Federal Housing Administration (FHA) loans. The... Read more »
UWM to cover appraisal costs on 1-0 temporary rate buydowns

UWM to cover appraisal costs on 1-0 temporary rate buydowns

Michigan-based United Wholesale Mortgage (UWM) wants to court more brokers by offering no-cost appraisals on 1-0 temporary rate buydowns amid fierce competition in the industry.  The wholesale lender will cover up to... Read more »