Fannie Mae
Fannie Mae is a government-sponsored enterprise that buys conforming mortgages from lenders, providing liquidity to the housing market.
What Fannie Mae means
By purchasing loans, Fannie Mae lets lenders make more mortgages. Its guidelines set the standard for conventional conforming loans nationwide.
Florida example
A Florida lender sells a conforming loan to Fannie Mae and uses the proceeds to fund the next borrower. Fannie's rules are why conventional loans across lenders look so similar.
What it is
Fannie Mae is a government-sponsored company that buys mortgages from lenders. That keeps money flowing so lenders can keep making loans.
It sets many of the rules for conventional loans.
Why it matters
Fannie Mae guidelines shape rates, down payments, and who qualifies for conventional loans. Meeting them keeps terms strong.
We know these rules inside out. Apply now and we will match you to the right conventional loan.
Related program: Learn more →
Verify the details for your own situation against these government and agency sources: FHFA conforming loan limits and CFPB Owning a Home guide.