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Updated over 9 years ago on . Most recent reply

Andrew Stewart's profile image
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Andrew Stewart
  • from Zionsville, Indiana
  • Member since Sep 26, 2015
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Andrew Stewart
  • from Zionsville, Indiana
  • Member since Sep 26, 2015
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Andrew Stewart
  • Zionsville, IN
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Foreclosures

Homepath discontinued

Andrew Stewart
  • Zionsville, IN
Posted

I heard about getting 10% down investment properties with homepath. So I went on the website and found a couple houses I'm interested in. 

I called a local bantoday and the loan officer told methat Fannie Mae cancelled the program a few months ago. Is this right? Why is the website still up?

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Wayne Brooks
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Wayne Brooks's profile image
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Wayne Brooks
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Homepath financing of Homepath homes ended a year ago. Homepath (which is FNMA) still has plenty of REO's though.

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