HomePath® Mortgage Financing
This special financing is available on Fannie Mae homes with the following logo:
The benefits include:
· Low down payment and flexible mortgage terms (fixed-rate, adjustable-rate, or interest-only)
· You may qualify even if your credit is less than perfect
· Available to both owner occupiers and investors
· Down payment (at least 3 percent) can be funded by your own savings; a gift; a grant; or a loan from a nonprofit organization, state or local government, or employer
· No mortgage insurance*
· No appraisal fees
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