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Sky Financial Loans
Sky Financial Loans    
Sky Financial Loans

 

Why Choose
Sky Financial?

    • No Closing Cost
      Options
    • Competitive Rates
    • Among the Lowest
      Rates in the Industry
    • Flexible Hours
    • Over A Decade Of
      Experience
    • Free Pre-Approvals
    • Quick Turn Around
      Times

Fannie Mae Loans

Q: What is Fannie Mae?

A: Fannie Mae guarantees and purchases loans form mortgage lenders to make sure families can buy, refinance and rent a home. They also help families avoid foreclosure. Fannie Mae is a government sponsored enterprise, but is privately owned. It receives support from the Federal Government. The main function is to provide liquidity to the nation's mortgage finance system. Fannie Mae purchases home loans made by private firms (providing the loans meet the requirements), package those loans into mortgage-backed securities and guarantee timely payment of principal and interest on those securities to outside investors. The Fannie Mae website is HERE.


Q: What does Fannie Mae stand for?

A: The Federal National Mortgage Association.


Q: How do I know if Fannie Mae owns my loan?

A: You can find out if Fannie Mae owns your loan by using theĀ self-service loan look-up tool HERE.


 

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Sky Financial Loans

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Hours: Monday - Friday 9:00am to 6:00pm Weekends by Appointment
Sky Financial Services, Inc. 5540 West Valley Road, Center Valley, PA 18034 - Phone: 610-282-3000
NMLS ID # 141744 Licensed by the Pennsylvania Department of Banking