Okay so a couple weeks ago I was meeting with a new agent who I just started working with and he asked me, "Roy, why are you so excited by the Homepath Mortgage?" I sat back and started listing of different things I liked about the Homepath Mortgage. After my meeting I thought what a great idea for an Activerain blog post. So without further adieu here are the "Top 5 Reasons to Love the Homepath Mortgage in Illinois". The loan process is quick and typically you can close … (6 comments)
Whether you are an first time home buyer or a move up home buyer in Illinois you really should take a look at the Fannie Mae Hompath homes. The Fannie Mae Homepath mortgage is useable only on Fannie Mae Homepath homes which are Fannie Mae forclosures. Why is the Homepath mortgage program so good you ask? Here are a few reasons. No appraisal is required There is no upfront mortgage insurance like there is with an FHA mortgage The minimum down payment required is 3% There is no monthly mortgage insurance The no appraisal requirement is a great way … (0 comments)
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