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What is Home Path?

Home Path Mortgage/Financing what is it?
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November 23 2012 - Springfield
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Answers (2)

As GiGi said, HomePath is great loan opportunity available for FNMA listed properties only.
As little as 3% down for owner occupied and as little as 10% down for an investor!!
No appraisal required, no inspection required, no condo questionnaire required...a really big deal here in Florida wher many of the condos are challenged to qualify for financing options and low down payment.
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December 30 2012
HomePath financing, available only on Fannie Mae-owned properties, offers great benefits — low down payment, no mortgage insurance, expanded seller contributions, and more. HomePath Mortgage is available for move-in ready properties for both owner occupants and investors — a limited number of HomePath lenders also now offer HomePath Mortgage for the LLC borrower. The HomePath Renovation Mortgage provides both the funds to purchase and to renovate in one loan. You also can use the financing of your choice from any lender, such as your local bank, credit union or other financial institution.
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November 24 2012
 
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