Fannie Mae HomePath Mortgage Loan

By
Real Estate Agent with Kinetic Realty Inc

Fannie Mae, the agency sponsored by the U.S. government to help make housing more affordable to all Americans, now offers HomePath, a special new home loan to finance the sale of its current real estate owned (REO) properties across the country.

Lower down payments and relaxed requirements mean more homeshoppers can become homebuyers. HomePath helps you sell more homes!

Here are the key benefits of a HomePath Mortgage Loan:

  • Only 3% down required on a primary residence property
  • No mortgage insurance required
  • No property appraisal required
  • Only 10% down on 1-2 unit investment properties
  • Get up to 6% in seller concessions on primary residence properties
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Georgia Gwinnett County
Groups:
Realtors®

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Darlene Burnside

Full-time Real Estate Investment Specialist
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