Fannie Mae Will Increase Their Minimum Down Payment RequirementStarting on November 16, 2013, Fannie Mae will increase their minimum down payment requirement from three to five percent. Clients seeking a three percent down payment loan must receive pre-approval by no later than November 15, 2013. These loans will need to be closed by no later than March 31, 2014. Contact your loan officer to take advantage of these low down payment options before they go away.October 10 2013 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.