What is Fannie Mae HomePath® Financing?

Mortgage and Lending with Supreme Lending (NMLS ID #2129) NMLS 557038

What is Fannie Mae HomePath® Financing?  Should I use it for my Las Vegas purchase?

Fannie Mae HomePath® Financing is a program that could help more Las Vegas, NV homeshoppers become home owners.

With the HomePath mortgage program on your Las Vegas property, more people looking for a new home may be able to make a purchase and become Las Vegas home owners! Fannie Mae, a government-sponsored enterprise that helps increase the availability of homeownership to low- and moderate income buyers, owns properties that may be designated as eligible for a HomePath mortgage. Only Fannie Mae-owned properties are eligible for this special financing!

Benefits of the program include:  

  • 15- and 30-year fixed-rate options and 5/1 and 7/1 LIBOR ARM options
  • Primary residences, second homes and investment properties are eligible
    • Up to 97% financing on a primary residence  
    • Up to 90% financing on a second home  
    • Up to 85% financing on an investment property  
  • No appraisal required
  • No condo or PUD warranty required
  • All loans are run through DU with an Approve Eligible
  • Up to 6% seller contributions permitted on primary residence and second home  
  • Minimum FICO 620
  • Gift funds can be used for entire down payment in some circumstances
  • No PMI required

Does this sound like the program that could help turn your goal of Las Vegas homeownership into a reality? Contact me today to learn more about HomePath financing and how I can help you become a home owner!

Las Vegas Homepath Lender

Provided by Rey Gallegos | Loan Officer | NMLS 557038
W.J. Bradley Mortgage Capital Corp. (NV License # 504)
C 702.808.8328 | O 702.800.5077 | LV.NV.LO@gmail.com
Copyright 2007 - 2011

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
ActiveRain Community
Nevada Clark County Las Vegas
las vegas fannie mae homepath
las vegas homepath lender
what is homepath financing

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Rey Gallegos

FHA, VA, Home Loans Las Vegas, NV
Ask me a question