West Virginia conforming mortgage
The federal agencies Fannie Mae and Freddie Mac exist to assist low- to moderate-income families realize their dreams of home ownership. This goal is partly accomplished by providing funding to qualified West Virginia lenders that agree to help this target group. To qualify for a lower cost conforming loan, borrowers must meet specific U.S. government guidelines. These guidelines, which are reviewed and adjusted as needed annually, pertain to a borrower’s debt-to-income ratio, the amount being borrowed and other considerations.
