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Updated about 11 years ago on . Most recent reply

User Stats

13
Posts
1
Votes
Robert Setliff
  • Real Estate Investor
  • Columbia, SC
1
Votes |
13
Posts

Using Homepath to finance home and rennovations

Robert Setliff
  • Real Estate Investor
  • Columbia, SC
Posted

Does anyone have experience using the Fannie Mae homepath program? My understanding is that you can get a MFH (2-4 units) for a low down, no PMI, and also include rennovations into your total loan up to 35% of ARV. Also, the program is open to investors and it does not need to be your primary residence as would be the case with using an FHA. Any feedback would be appreciated.

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