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Texas 80% amount financed and new federal loan programs

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anonymous11112 Guest	Posted: Tue Nov 24, 2009 5:46 am    Post subject: Texas 80% amount financed and new federal loan programs Like 0 Dislike 0 Is there any chance fannie mae will ever lift the rule prohibiting those in Texas with the 'maximum of 80%' law [the a6] from ever getting a mortgage loan more than 80%?
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Wed Nov 25, 2009 12:38 am    Post subject: Like 0 Dislike 0 Hi anonymous, There is no such indication from Fannie Mae that it would be lifting the Texas A6 law as per my knowledge. If you want to know about Texas A6 law, you can check out the given page: http://www.mortgagefit.com/texas/a6loan-law.html Thanks

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