Opening New Possibilities with Fannie Mae's HFA Preferred™
Did you know that more than 59,000 Fannie Mae HFA Preferred™ loans were originated across the United States in 2017? 90% of these loans were for first-time homebuyers.
Fannie Mae's HFA Preferred™ offers borrowers:
- Down payments as low as 3%
- Cancellable mortgage insurance and reduced MI coverage requirements (restrictions apply)
- Downpayment and closing cost loans through Minnesota Housing
