HomePath Mortgage

The HomePath mortgage financing program enables home buyers to purchase property owned by Fannie Mae with as little as 3% down payment, and without any monthly mortgage insurance. Eligible properties can be purchased as a primary residence, second home or even investment. In addition, homes financed under the HomePath.com home loan program are not required to have an appraisal.

HomePath Mortgage Loans have the following features:

• Fixed rate loans available as a 30, 25, 20, 15 or 10 year term
• Adjustable Rate Mortgage available in 3 or 5 year terms
• Minimum down payment of 3% for owner occupied property
• 10% Down payment required for a 2nd home
• 15% Minimum down payment for investment property
• No Appraisal Required
• No monthly or upfront mortgage insurance required
• 6% Seller contributions allowed on most transactions
• Declining market restrictions do not apply

Complete the 30 second application above for more information on the HomePath loan program.