FANNIE MAE”S HOMEPATH MORTGAGE IS A SPECIAL PRODUCT OFFERED TO FINANCE THE PURCHASE OF FANNIE MAE REO PROPERTIES
Benefits of HomePath Mortgage:
- Low down payment and flexible mortgage terms
- Down payment can be funded as a gift, grant, or a loan from a nonprofit organization, state or local government, or employer.
- No property appraisal required! All properties are sold “As Is”
- No mortgage insurance required
- Available for primary residences, second homes and investment properties.