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Affordable mortgage loan programs for first time home buyers

Can a Mortgage Really Be Affordable?

Can a Mortgage Really Be Affordable? Guest Post by Tim Britt Last month I started a discussion about the different categories of mortgage programs.  Mortgage Loans can easily be broken down into 3 broad categories:  Traditional, Affordable, and Specialty.  This month, I’ll talk about Affordable Mortgage Loan Programs, and some of the features of them. Affordable Mortgages are loan programs backed by government agencies, or specially designed by Fannie Mae and Freddie Mac (Conforming Loan Programs) to be affordable in…