Fannie Mae Owned Property Yes, you can buy homes directly from Fannie Mae. Fannie Mae (the Federal National Mortgage Association or FNMA) is a government-sponsored enterprise (GSE) established in 1938 to expand the liquidity of home mortgages by creating a secondary mortgage market. As a secondary market participant, Fannie Mae does not lend money directly to consumers.Fha Renovation Loan Guidelines Benefits of FHA Loans: Low Down Payments and Less strict credit score Requirements. Typically an FHA loan is one of the easiest types of mortgage loans to qualify for because it requires a low down payment and you can have less-than-perfect credit. For FHA loans, down payment of 3.5 percent is required for maximum financing.Fanny Mae Homes Fannie Mae Loans – SmartAsset – By the end of the first quarter of 2015, Fannie Mae had backed the financing of about 190,000 homes and backed more mortgages for single-family homes than anyone else.
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