HomePath-What Is The HomePath Hot Property List?-Home Path
HomePath-What Is The HomePath Hot Property List?-Home Path properties are Fannie Mae Foreclosures you can purchase for only 3% Down. If you qualify for The FHA 3.5%Down Loan then it's highly likely you will quailfy for Home Path. Here are some other benefits of "HomePath".
The benefits include:
- Low down payment and flexible mortgage terms (fixed-rate, adjustable-rate, or interest-only)
- You may qualify even if your credit is less than perfect
- Available to both owner occupiers and investors
- Down payment can be "gifted" or funded by your own savings; a gift; a grant; or a loan from a nonprofit organization, state or local government, or employer
- No mortgage insurance (Ask your lender for cost details on loans without mortgage insurance)
- No appraisal fees
- Also eligible for HomePath Renovation Mortgage
- HomePath Mortgage financing is available from a variety of lenders - both local and national.
Find out how to access these Free "HomePath" property list through this video.
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