HomePath Mortgage
Specifically for Borrowers Purchasing a Fannie Mae-Owned Property.
FEATURES AND BENEFITS
- Low down payment.
- You may qualify even if your credit is less than perfect.
- Available for primary residences, second homes and investment properties.
- Down payment can be funded as a gift, a grant, or a loan from a nonprofit organization, state or local government or employer.
- No mortgage insurance.*
- No appraisal required.
FLEXIBLE TERMS
- 10-, 15-, 20-, 25- and 30-year fixed rate.
- Adjustable rate options available.
- Interest-only options available.
ELIGIBLE PROPERTY TYPES**
- 1- to 4-unit properties.
- Planned unit developments (PUDs).
*Ask about cost details on loans without mortgage insurance. **Geographic and unit restrictions apply. The property must be designated on HomePath.com as eligible for HomePath financing. Programs available only to qualified borrowers. Programs subject to change without notice. Underwriting terms and conditions apply. Some restrictions may apply. HomePath is a registered trademark of Fannie Mae. 1109
Modular homes.