HomePath Mortgages offers up to 97% LTV financing without the need for mortgage insurance (MI) or an appraisal
Here are some of the product guideline highlights:
-
Low Down Payments - all NO MORTGAGE INSURANCE
-
Owner Occupied
-
as little as 3% Down
-
Finance up to 97% of Purchase Price
-
Second Homes
-
as little as 10% Down
-
Finance up to 90% of Purchase Price
-
Non-Owner Occupied / Investor
-
as little as 15% Down
-
Finance up to 85% of Purchase Price
- No appraisal is required.
- The sales price of the property will be used as appraised value.
- Mortgage Insurance is not required.
- Seller Contributions are as follows:
- Max 6% for O/O and 2nd Homes.
- Max 9% for O/O and 2nd Homes with low LTV’s
- Max 2% for Investment properties.
Contact me today for more information and free Homepath Mortgage Pre-Approval. www.BenchmarkCT.com or 860-482-7674
Comments(0)