The headlines about this product are pretty sexy, aren’t they? The Fannie Mae HomePath loan is one of the most aggressive financing options we’ve seen in quite a while. This program is for purchasers of Fannie May owned properties and can be taken advantage of with primary residence, second home, and investor purchases. I want to take a minute and go over some of the features, and then get … [Read more...]
HomePath Mortgage Loan: No Appraisal Required
One of the great things about the HomePath Mortgage Loan program is that no appraisal is required by the lender in order to be approved for the loan. However; just because no appraisal is required, doesn't mean that people won't want to actually get an appraisal done so they can have the piece of mind that they are getting a good deal on the home they are buying. For the HomePath mortgage loan … [Read more...]