Fannie Mae? Who?

Unless you have been living under a rock then you know that Fannie Mae is a govermnet entity that has had some press over the past few years.

Fannie Mae originally come from the ancient myan term meaning "Throw a donkey from the spaceship"

Wait for it...
Wait for it...
Wait for it...

Thats not entirly true but it is kind of funny... or not.

Anyway Fannie Mae is a quazi government agency the owns the majority of the conventional conforming loans in america.

Treasury notes directly affect the interest rates on fixed-rate mortgages. How? When Treasury yields are higher, so are interest rates. That's because investors who want a fixed return on their money will either shop for Treasury notes, CDs, money market funds, mortgages or corporate bonds. Treasury notes are considered ultra-safe since they are guaranteed by the U.S. government. CDs and money market funds are slightly less safe, since they aren't guaranteed. However, that safety comes with a price - a lower return.

Investors who want a slightly higher return, and are willing to accept more risk, will buy mortgages. Instead of buying the mortgages directly, they usually purchase products backed by mortgages, called (you guessed it) mortgage-backed securities. When Treasury yields rise, mortgages also have to provide higher returns to attract investors. The result to the borrower? Higher interest rates.

Those who are willing to do a little research into specific companies will purchase corporate bonds, which are rated as to their level of risk. Bond yields are also somewhat affected by Treasury yields, as well.

Lee Duran the finance man
NMLS #944254

Other Facts that you might be intersed in if you are going to check me out to see if I am on of those "evil finance guys".

I got my securities license in 1992 CRD# 2447141
(crd non-active)
Insurance Health/Life License #OD94317 03/26/2003
(active and in good standing)
Insurance Property/Causualty License #OD94317 04/27/2006
(active and in good standing)
Real Estate License #01505735 06/13/05
(active and in good standing)
Notary Pulic License #15661305 03/02/01
(active and in good standing)
NMLS License #944254 2012 and of course
(active and in good standing)
There!!! now you can tell your Wife/Husband that you checked me out and you think you will go with this Lee Duran loan guy that calls himself "Lee Duran the Finance man".
See, ... I already saved you some grief-
call me.

Contact me at: 1-866-620-7526.

lduran@leeduranthefinanceman.com

Or you can use this form (not both)

Name
Street Address
City
State
Zip code
Email Address
Approximate home value
Approximate FICO
Current Interest Rate
Approximate amount of first mortgage
Approximate amount of second mortgage
Approximate yearly income
Reason for refinance
Phone number
Submit

Refinance or Purchase Loan

If you are "underwater" you may qualify for "HARP 2" or FHA Streamline.
FHA Streamlines many times have no LTV limits 120%+++ no apprasial no income verification no LTV limits.
You can shop many different Lenders by going thru a "Licensed Loan Originator"(me).
2.5% Interest rate
2.75% Intrest rate
3.00% Interest rate
3.25%Interest rate
3.50% Interest rate
3.75% Interest rate
4.00% Interest rate
4.125% Interest rate
4.25% Interest rate
4.5% Interest rate
4.75% Interest rate
5.00% Interest rate
Pick one and we will see if you qualify

Fannie Mae/Freddie Mac

"I did not want to know the entire loan business just wanted a loan officer I could trust, Thank you Lee"

- Amy
La Mesa, CA

"I got the Rate I wanted and it was fast."

- Isodora
Temecula, CA

"VA, FHA, Freddie Mac, Fannie Mae... whatever!!! Just get me the best rate and no fees... thanks Lee."

- Jason
Costa Mesa, CA

"I just want to know that I am in the best postion I can be. I have been dealing with Lee for years on my finances and it only seemed natural that I refinance with Lee Duran"

- John
Los Angeles, CA

"Lee will give you an honest and fair deal."

- Mr Loftus
Apple Valley, CA

Fannie Mae? Who?

Lee Duran the finance man NMLS #944254

Refinance or Purchase Loan

Fannie Mae/Freddie Mac

Lee Duran the finance man
NMLS #944254