The Fannie Mae HomePath mortgage loan program has started to become more and more popular -- people are actually calling and asking about the loan program by name. You can't imagine how strange that is in the world of mortgage-guys -- people usually call you and begin by saying something like: Hello, I would like to talk to you about qualifying for a mortgage... But recently, more calls have … [Read more...]
FHA 203k Streamline or HomePath Renovation Loan: Which Is Best?
We get plenty of people asking us questions here and from time to time, we get so many questions about a particular subject, we turn it into a full-blown post because it is popular enough that everyone wants to know about it. Today's question comes from a question someone submitted asking about buying a house that "needs a little work" and what kinds of loan options there are: I am hoping to … [Read more...]
Home Path Mortgages: Great HomePath Mortgage Deals From Fannie Mae
We are currently working with a couple of people who are buying a home that is owned by Fannie Mae and are getting approved for the new HomePath mortgage program. As mortgage guidelines have gotten tighter over the last couple of years, it is nice to see a program come out that actually has features like no appraisal and no mortgage insurance. If you are interested in buying a home that is … [Read more...]