S Gidry, Home Buyer in Gallatin, TN

What does listing mean by....approved for Homepath Mortgage? What are the HOA fees? thanks catsang3@comcast.net

Asked by S Gidry, Gallatin, TN Mon Jan 11, 2010

This question is about this property: http://www.trulia.com/property/1081008551-104-Village-Blvd-S…

Help the community by answering this question:


They may also be referring to a Fannie Mae Homepath Renovation Mortgage. There are quite a few lenders in Florida giving loans to people that will also help pay for light renovation. You may want to contact a bank on this--the website is http://www.fanniemae.com/homepath/financing/lenders.jhtml
Good luck!
0 votes Thank Flag Link Tue Jan 12, 2010
Hi S Gidry

Condo fees for this property are 1222/quarter or 447/month. I forgot to give you this info on my last correspondence. Let me know if I can help.

Myke Triebold
Web Reference: http://www.MykeTriebold.com
0 votes Thank Flag Link Tue Jan 12, 2010
Hi--I can assist you with property in Santa Rosa Beach if you would like. Here is a little bit of info on Fannie Mae (HomePath) loans. Let me know if I can be of assistance to you.

Here are the qualities of the homepath loan offered by Fannie Mae:

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 - both local and national.

Myke Triebold, GRI
Web Reference: http://www.MykeTriebold.com
0 votes Thank Flag Link Tue Jan 12, 2010
Hi S... Here is a link to homepath http://www.homepath.com/ This is a streamlined mortgage process on Fannie Mae properties. Best of luck to you!

Have a great day,
search Cape Coral FL homes for sale at http://www.nancyd.listingbook.com
0 votes Thank Flag Link Tue Jan 12, 2010
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