What is Fannie Mae HomePath?
Recently there has been an increased interest in Fannie Mae HomePath but many have little understanding about it. Even though this is not a USDA specific program, I wanted to explain in more detail the benefits of this unique option. In cases where a USDA home loan is not available, Fannie Mae HomePath can be an excellent financing choice with the right property type.
The Fannie Mae HomePath mortgage can be suitable for either a first time homebuyer or an investor. The HomePath mortgage offers unique flexibility including no PMI (Private Mortgage Insurance), down payments as low as 3%, and NO appraisal requirement. Learn more about these benefits by watching the video below whether a Fannie Mae HomePath mortgage may be right for you.
It’s important to note that the Fannie Mae HomePath option is only available for eligible Fannie Mae foreclosures. Visit their website to search for thousands of foreclosed Fannie Mae properties instantly.
Please do not hesitate to contact us for information on the following:
· Questions about Fannie Mae HomePath, USDA, FHA, VA and Conventional Loans
· You would like a free 2nd opinion for a loan you are considering
· Inquiring about a new pre-qualification
Taking the steps towards getting a client financed may be overwhelming; let our unique experience and expertise to help with each step of the process. If you have a client looking to purchase a home with USDA financing help, them prepare with The USDA Blueprint for Success!
Do you have a client experiencing financing difficulties on a USDA loan? Remember to take advantage of our free 2nd opinion service if you have not already done so. We are licensed in FL, TX, TN, & AL.
Just call or email to discuss your scenario and let our experience go to work for you.
Email: SeanS@MPLX.org
Toll Free: (800)806-9836 Ext. 280
We are known for returning calls, replying to your emails, and responding to voice mails.
Your comments are welcomed and please let us know how we can help with your next USDA loan!
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