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Financing in Deerfield Beach : Real Estate Advice

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  • Local Info15
  • Home Buying47
  • Home Selling5
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Activity 3
Sun Jan 20, 2013
Joe Hillner, Remax Broker answered:
No, those are two completely different types of loans. You need to go through a Homepath lender, of which there are not many. FHA is a HUD product that insures lenders against losses. Homepath financing is a special loan product offered by Fannie Mae on some of the properties that they have foreclosed on. It has a couple of very attractive features - no appraisal needed, minimum down payment of only 3% and no mortgage insurance. If you need assistance, my company is a direct lender and we do Homepath loans.

Best of luck,

Joe hillner
... more
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Tue Sep 8, 2009
Melvin List answered:
Yes, find a good broker but you will pay the broker fees. You can pay them upfront or in your rate whatever you would like to do.
0 votes 2 answers Share Flag
Mon Apr 23, 2007
Nancy Olbrys answered:
Wells Fargo is highly recommended and I can recommend others.
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