Fannie Mae & Freddie Mac Products & Programs
PMI works closely with Fannie Mae and Freddie Mac to create affordable and sustainable homeownership solutions for borrowers making down payments less than 20%.
Fannie Mae Desktop Underwriter®
- PMI accepts the recommendations of DU Approve/Eligible and Expanded Approve/Eligible
- DU Expanded Approve/Eligible loans are subject to a maximum 95% LTV
- All loans are subject to PMI’s Distressed Markets Policy
Product
- Fannie Mae Desktop Underwriter [view rates]
- Fannie Mae Desktop Underwriter Expanded Approval [view rates]
MyCommunityMortgageTM
PMI supports Fannie Mae's MyCommunityMortgage Program to increase the availability and affordability of housing for low- to middle-income borrowers.
- MyCommunityMortgage loans are subject to a maximum 95% LTV
Product
- Fannie Mae MyCommunityMortgage Consolidated [view rates]
Freddie Mac Loan Prospector®
- PMI accepts the recommendations of LP Approve/Eligible
- All loans are subject to a maximum 95% LTV
- All loans are subject to PMI’s Distressed Markets Policy
Product
- Freddie Mac Loan Prospector [view rates]
Home PossibleTM
PMI supports Freddie Mac’s HomePossibleSM Program to extend the opportunity of homeownership to a broader range of borrowers.
- Home Possible loans are subject to a maximum 95% LTV
Product
- Freddie Mac HomePossible Consolidated Rates [view rates]
