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™ ---- 2012 Ranked #1 Austin Residential Mortgage Lender (Austin Business Journal) 2010, 2011 & 2012 Five Star Professional (Texas Monthly) 2009, 2010, 2011, 2012, 2013 PrimeLending Chairman's Circle Award 2009, 2010, 2011, 2012 Scotsman Guide Top Originator (Top 200 Mortgage Professionals in U.S.A.) Better Business Bureau "A+ Rating" National Lender Rankings (Scotsman Guide): Top Purchase Volume (No. 10) Most Loans Closed (No. 32) Top Dollar Volume (No. 88)

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