HomePath Mortgage

homepathFannie Mae offers this loan to help borrowers buy foreclosed properties owed by Fannie Mae.

  • No mortgage insurance lowers your monthly payment.
  • No appraisal fees required.
  • Easier to qualify with less than perfect credit.

General Loan Requirements

Your Down Payment
5%

Terms Available
15, 30, & 5/1 years
(fixed rates and adjustable rates avail.)

Minimum Credit Score
620

Mortgage Insurance
No

Maximum Loan Limit
$417,000