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Cob Re: GBlist: fannie mae financing

Keith Breuker flyfisherkb at centuryinter.net
Mon Feb 22 10:10:44 CST 1999


Renewable News Network wrote:
> 
> Have you thought about getting another banker?
> 
> On Thu, 11 Feb 1999, Keith Breuker wrote:
> 
> > Today my banker told me that he couldn't give me fannie mae financing
> > because there are no comprable sales in Northern Michigan.  He would
> > give a bank financed loan at about two and one half percentage points
> > higher.  Of course I would prefer a fannie mae loan.  Any help out
> > there.  I am busily searching the archives as you read this.
> >
> > Thanks.
> >
> > Keith
> >______________________________________________________________________

We finalized a construction loan to finish construction on our SB home
in Northern Michigan last week.  Once our banker learned that other SB
homes have been financed by fannie mae he was enthused and willing to
get it done.

Keith