homesteps: What is Homepath and Homesteps?
- 07/24/12 10:52 PM
You've seen the logo's, but what is HomePath and HomeSteps?go! The HomePath and HomeSteps programs allows a person to buy a specially designated Fannie Mae or Freddie Mac owned foreclosed property with a low down payment, flexible mortgage terms, no lender-requested appraisal and no mortgage insurance. Expanded seller contributions to closing costs are allowed as well How Does It Work? Simple. Just follow these steps: Apply with a lender. Get Pre-Approved. Just qualify for a traditional financing with at least 3% down. Meet with a Realtor - Look at homes, buy your dream house. You MUST select a home to buy from a special list of available foreclosed (0 comments)
You've seen the logo's, but what is HomePath and HomeSteps?go! The HomePath and HomeSteps programs allows a person to buy a specially designated Fannie Mae or Freddie Mac owned foreclosed property with a low down payment, flexible mortgage terms, no lender-requested appraisal and no mortgage insurance. Expanded seller contributions to closing costs are allowed as well How Does It Work? Simple. Just follow these steps: Apply with a lender. Get Pre-Approved. Just qualify for a traditional financing with at least 3% down. Meet with a Realtor - Look at homes, buy your dream house. You MUST select a home (2 comments)
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