Wednesday, January 28, 2009

Buy a Home For Only 3% Down!



Buy a Home For Only 3% Down!

Fannie Mae, the agency sponsored by the U.S. government to help make housing more affordable to all Americans, now offers HomePath, a special new home loan to finance the sale of its current real estate owned (REO) properties across the country.

We are among a select group of mortgage lenders nationwide who can offer the HomePath loan to get you into one of these homes!


Here are the key benefits of a HomePath Mortgage Loan:

  • Only 3% down required on a primary residence property
  • No mortgage insurance required
  • No property appraisal required
  • Only 10% down on 1-2 unit investment properties
  • Get up to 6% in seller concessions on primary residence properties
In addition to being one of the few lenders approved to offer the HomePath loan, we’re experts with REO transactions. I have been specially trained to handle the specific requirements of an REO transaction. I’ll keep the process smooth and stress-free.

Search for Fannie Mae REO properties eligible for HomePath financing at: http://reosearch.fanniemae.com/reosearch/

Contact me today to learn more about the HomePath program!

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