What Is A HomePath Loan? HomePath loans are an excellent option for many buyers, especially first time buyers who don't have a significant down payment saved up.
HomePath Loans offer the following benefits:
* Low down payment (at least 3% down) - this can be from your own savings, a gift, a grant or a loan from a nonprofit organization, state or local government or even your employer.
* No appraisal is required
* No mortgage insurance is required (this can result in some great savings for the buyer)
* Both owner occupants and investors can qualify for a HomePath Loan
* A Renovation Mortgate is also available if you are purchasing a qualifying property and need to build repair costs into your loan
If you are interested in purchasing a home in Cape Coral, FL that qualifies for a HomePath Loan please feel free to contact me at leecountyrealtor@earthlink.net - many homes for sale in Cape Coral and the surrounding areas such as Fort Myers are available with HomePath financing.
You can also get more information on HomePath Loans by visiting www.homepath.com
Comments(0)