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Updated almost 11 years ago,
Non owner occupied homepath approved house loan?
So I found a investment property that is a homepath home. After a little research on my own, I am under the impression that I can put only % 10 down instead of the typical % 20 needed for a non owner occupied. This sounds great to me.
So my question is... What if any are the down side of homepath homes? Any thing on this issue would be great.