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Miami Canvas condo lowers deposits to 20%, pursues domestic buyers with Fannie Mae loans – South Florida Business Journal Miami condo lowers deposits to 20%, pursues domestic buyers. Since Canvas has fannie mae approval for 95 to 97 percent financing, domestic buyers who are primary residents can receive part of their deposits back at closing..
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Miami Canvas condo lowers deposits to 20%, pursues domestic buyers with Fannie Mae loans – South Florida Business Journal The developer of the Canvas condominium in Miami’s Arts & Entertainment District has lowered the deposit requirement to 20 percent for domestic buyers as it aims to leverage fannie mae loans to.
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