HomePath Renovation Mortgage

[Rolanda Eldridge]

It seems like a simple process and a win win for investors, but does this product really exist for an investor. I spoke with a mortgage broker in AL several months ago who indicated you can't use this product for properties under 60K. Please any insight would be helpful.

1. Have you been approved for HomePath Renovation Mortgage
2. What state did you purchase property?
3. How much did you pay for property?
4. What was the down payment?(20% or 30%)

[Rolanda Eldridge]

Sabrina for owner occupied you can qualify fairly easily. Go to HomePath.com.... All properties offered to owner occupied first with as little as 3% down...You can do property search by state.... Good luck!!