The HomePath mortgage program by Fannie Mae allows a buyer to purchase a Fannie Mae or Hud home.  Hud and Fannie Mae are essentially the same thing.  The other exciting fact about this program is that it allows investors to use the program.  You can now finance up to 10 investor owned properties.

The main benefits of the Home Path Mortgage;

  1. No appraisal.
  2. No PMI
  3. 3% down payment, which can be borrowed.

Additional information on the HomePath Mortgage loan.

How to use the HomePath Mortgage to buy a home.

 

 

 

 

 

 

 
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Post is included in group: Mortgages

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Dave Mason

Scottsdale, AZ

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GetPrequalified.com LLC

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