6.625% Homepath Interest RateWe close in a few weeks with 6.625% interest rate on 30-yr $396,000 homepath mortgage after 4% down, 3% in Fannie Mae paid closing costs and a 720 credit score. Lender is local. We got a slightly better rate from a non-local, but wanted to stay local. We did not see many local lenders advertising for Homepath. Are we getting a good rate? This is our only financing option because we already have an FHA loan with another home and most of the 4% down payment is a gift.July 16 2012 - Atlanta00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.