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Updated almost 10 years ago,
Earnest Money for Fannie May
My realtor keeps telling me that Fannie May requires a 10% deposit - period - no exceptions.
Yet I've had at least one offer initially accepted by Fannie May with a $500 EMD.
Has anyone ever managed to land a deal with Fannie May on less than 10% EMD?
Russ Swan
Cygnet Trading LLC
Websites https://www.facebook.com/cygnettrading http://www.worldwidebranding.com/Russ-Swan
Phone: 954.762.7932