HomePath

Homepath Mortgage is a special loan available for buyers to use for purchasing Fannie Mae’s REO homes. Homes available on
Homepath.com are Fannie Mae’s REOs.

A Few Advantages

  • Loan used to purchase homes on Homepath.com
  • 95% financing for a primary residence, 10% down for 2nd homes, 15% down for an investment property
  • NO APPRAISAL REQUIRED – missing appliances are ok
  • NO MORTGAGE INSURANCE
  • NO CONDO CERTS
  • No 1% upfront fee like FHA
  • Eligible for 1-4 units
  • Seller contributions can be up to 6% on primary residence and
    second homes, only 2% on investment property
  • Fannie Mae may offer realtors an additional bonus
    commission for closing by a specific date

Contact your loan officer or a branch office for more information