homepath financing: HomePath Mortgages
- 05/18/11 02:16 PM
With the mortgage industry tightening up, this is one of the last "flexible" and special programs out there. Not only are these loans for primary residences, but it can be used for second homes and INVESTMENT properties as well! This is a great way for investors to pick up great bargains with less down than traditional financing. Here are the main points to know: Can be purchase with as little as 3% down, and this can be a gift from a family member 660 credit score for 97% financing on primary 620 credit score for 80% financing on primary 660 for up to 90% … (1 comments)
With the mortgage industry tightening up, this is one of the last "flexible" and special programs out there. Not only are these loans for primary residences, but it can be used for second homes and INVESTMENT properties as well! This is a great way for investors to pick up great bargains with less down than traditional financing.
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