This is the minimum down payment for a primary residence using a conventional loan (Fannie/Freddie).
What is 3%?
The month and year MF was founded (officially).
What is August 2002?
This is the term for the automated underwriting system used by Freddie Mac.
What is LP?
The MF and Air Force Honor Code.
What is "I will not lie, cheat, or steal not tolerate among us those who do"?
This is the maximum seller concession allowed on a VA loan.
What is 4%?
The Mission Statement.
What is Fast, Enjoyable and Consistent.
This is the maximum number of financed properties a borrower can have under Fannie Mae guidelines.
What is 10?
The MF Guarantee.
What is the Best Deal Guarantee ("BDG")?
For a VA loan, residual income is calculated based on this factor.
What is family size?
The name of the company David and Yena founded in Massachusetts before MF was ever founded.
What is Morgan Resources?