HomePath Mortgage AND HOMEPATH RENOVATION which many lenders do not have!
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HomePath Mortgage allows a buyer to purchase a Fannie Mae-owned property with a low down payment, no lender-requested appraisal and no mortgage insurance. Expanded seller contributions towards closing costs are allowed. Available for owner occupants and investors.
Properties with this logo are eligible for HomePath Renovation Mortgage.
HomePath Renovation Mortgage allows a buyer to purchase a property that requires light to moderate renovation. The one loan amount includes both the funds for the purchase and renovation â€” up to 35% of the as completed value, no more than $35,000. Available for owner occupants and investors.