One common type of loan many buyers use to purchase a Knoxville home for sale is a conventional loan, which requires the borrower to put anywhere from 5% to 20% down. Any Knoxville buyer than puts… read more →
For those buyers using a mortgage to buy a Knoxville home, the mortgage world changed significantly on January 10th. Under new guidelines laid out in the Dodd-Frank Act, lenders are now required to make a “reasonable,… read more →
Starting Monday, December 13, 2010, Fannie Mae is changing its mortgage lending guidelines.