HomePath Mortgage – Frequently Asked Questions

The real estate industry is buzzing about HomePath Fannie Mae acquires homes through foreclosure. Buyers can finance these properties with only 3% down. HomePath rates are excellent. No appraisal required, nor is mortgage insurance!

Benefits of HomePath Mortgage Financing:

  • Low, 3% down payment can be made through a variety of resources:
    • Personal savings
    • Gift or grant
    • Loan from a nonprofit organization, state or local government, or employer
  • Flexible mortgage terms (fixed-rate, adjustable-rate, or interest-only)
  • Available to both owner occupants and investors
  • You may qualify if your credit is less than perfect
  • Financing can fund both purchase & light renovation
  • No appraisal required
  • No mortgage insurance

MORE HomePath FAQS: Click here to keep reading “HomePath Mortgage – Frequently Asked Questions”

My consultation is always free. If you or someone you know has questions, please contact me, Max Leaman:
512-293-1239 (Cell) and 512-617-5636 (Office).

About Max Leaman Austin Mortgage

Great Rates, Low Fees, Close on Time® – (800) 301-3405 Since 2001, Leaman Team has helped clients to purchase, refinance and renovate. The biggest distinction between lenders is their honesty, customer service, and ability to close on time.

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