Financing in 91764>Question Details

Relito C Mar…, Real Estate Pro in Hesperia, CA

Can I use a HomePath financing to non-Fannie Mae Real Estate Owned (REO) properties?

Asked by Relito C Marcelo, Hesperia, CA Sun Nov 4, 2012

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Home Path financing is only good for properties being sold by Fannie Mae, normally a foreclosure. Unless the buyer has very good credit scores, this is not necessarily the best loan product to use when buying the home because of all the pricing adjustments driving up the interest rate.

Please feel free to contact me directly if you have any further questions, I'd be glad to help.

All the best,
Ros

Roswell Moore, CMPS
Certified Mortgage Planner
480-422-5095 direct
http://www.ezAZloan.com

We are a Direct Lender, Mortgage Bank where we originate, process, underwrite, fund, AND SERVICE our loans, in-house, with FHA (starting at a 580 score AND still only 3.5% down), FHA Streamline refinance loans (NO minimum credit score, NO appraisal required) Go Green rehab loans, HomePath, Investor Friendly (10 financed properties), VA, VA Refinance loans (NO appraisal required on IRRRL loans), USDA loans, Jumbo loans, Conventional loans, plus, we allow Escrow Hold-Backs!
Web Reference: http://www.ezAZloan.com
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