Home Path Mortgage Financing by Fannie Mae
August 23, 2010 by Charlie Lersch · Leave a Comment
HomePath® Mortgage Financing
This special financing is available on Fannie Mae homes with the Home Path Logo
The benefits include:
- Low down payment and flexible mortgage terms (fixed-rate, adjustable-rate, or interest-only)
- You may qualify even if your credit is less than perfect
- Available to both owner occupiers and investors
- Down payment (at least 3 percent) can be funded by your own savings; a gift; a grant; or a loan from a nonprofit organization, state or local government, or employer
- No mortgage insurance*
- No appraisal fees
- Also eligible for HomePath Renovation Mortgage (see details below)
- HomePath Mortgage financing is available from a variety of lenders – both local and national.
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