If I can pay the 20% downpayment on a loan to avoid MI, are there any advantages to a HomePath loan?I'm a first time home buyer and a home I'm looking to potentially purchase is qualified for a HomePath loan. If I'm able to pay the 20% downpayment in order to avoid the MI fees, are there still benefits to doing a HomePath versus FHA? If the home is qualified for HomePath, do I have the option to take out alternate loans such as FHA?August 28 2011 - Stratham00YesReport 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.