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The $1.2 billion UW Credit Union has announced that it will add a Fannie Mae sponsored mortgage product to its list of loans available to members.

The credit union is offering the product in conjunction with the Wisconsin Home and Economic Development Authority, a state authorized housing authority that underwrites and funds mortgages with money it generates from the sale of bonds. The new WHEDA Fannie Mae Advantage Mortgage offers up to 100% financing on 30-year fixed rate loan for first-time home buyers.

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