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Everything you need to know about Fannie, Freddie appraisal-free purchase mortgages

Everything you need to know about Fannie, Freddie appraisal-free purchase mortgages

When analyzing the requirements, Dawson explained that it does not expect more than 5% of purchase loans will be eligible for Fannie’s PIW program. Higginbotham said it is too soon to tell how many purchase loans will be eligible for Freddie’s ACE program, but concurs the majority will still need a traditional appraiser.

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