Home > Blogs > California > If you are tired of your FHA offers getting denied, may I suggest Homepath Financing on Fannie Mae REO's
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Adrian Huntington's Blog

By Adrian Huntington | Agent in Marina, San Francisco,...

If you are tired of your FHA offers getting denied, may I suggest Homepath Financing on Fannie Mae REO's

HomePath Financing

HomePath® Mortgage Financing

This special financing is available on Fannie Mae foreclosures.

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 (at least 3 percent) can be 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*
  • No appraisal fees
  • Also eligible for HomePath Renovation Mortgage (see details below)
  • HomePath Mortgage financing is available from a variety of lenders.

Here is a short list of lenders that have Homepath in California.

CMG Mortgage
GMAC Mortgage
National City Mortgage
Prospect Mortgage

More lenders on HomePath Website.

If you live in Alameda,Contra Costa,San Joaquin,or Solano Counties, I can help you get
pre-approved and start your home buying process.  


HomePath® Renovation Mortgage Financing

This special financing is available on Fannie Mae homes with the following logo:

Available only on homes you make your primary residence and offers these benefits:

  • Financing to fund both your purchase and light renovation
  • Low down payment and flexible mortgage terms (fixed-rate or adjustable-rate)
  • Down payment (at least 3 percent) can be funded by your own savings; a gift; a grant; or a loan from a nonprofit, state or local government, or employer
  • No mortgage insurance*

Lenders

Flagstar
Colonial National Mortgage

 
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