Does your buyer qualify for a HomePath Loan?

HomePath® Loan Program

HomePath Mortgage allows a buyer to purchase a Fannie Mae-owned property with a low down payment, flexible mortgage terms, no lender-requested appraisal and no mortgage insurance. Expanded seller contributions to closing costs are allowed.*

 

Benefits Include:

• Low down payment and flexible mortgage terms (fixed-rate, adjustable-rate)

• Borrowers may qualify even if their credit is less than perfect

• Available for primary residences, second homes and investment properties

• FICOs down to 660

• Enhanced interested party contributions:

     • Up to 6% for LTVs up to 95% Max 

     • Second homes limited to 3%

     • Investment properties limited to 2%

• No mortgage insurance required

• No appraisal required

 

Available Terms:

• 30 year fixed (standard and high balance loan amounts)

• 5/1 ARM options (standard and high balance loan amounts)

• Up to 95% LTV (standard loan amounts) and up to 90% LTV (high balance loan amounts)

Contact me today for more information on this exciting program!

 

Sincerely,

Max Nasab

Direct Phone:  206-719-2694

Fax:                   425-449-4909

12207 NE 8th Street,  Bellevue, WA 98005

NMLS# 112686

 

*Courtesy of Homepath.com. This is not a commitment to lend.  All loans must qualify through lender underwriting and are subject to interest rates available at the time of application.  Approval is subject to acceptable appraisal, title, homeowner’s insurance, verification of assets and a minimum FICO score of at least 660.