Special offer

CT Homepath Mortgages, up to 97% LTV without MI, Connecticut Mortgages

By
Mortgage and Lending with Canopy Mortgage - Leo Namiot 89769

Fannie Mae HomePath Mortgage

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