MN HomePath mortgage 3% Down No Mortgage Insurance

Clients now are able to access Fannie Mae’s extensive REO portfolio with streamlined, online access to HomePath Mortgage financing. HomePath Mortgage provides special financing terms exclusively for Fannie Mae real-estate-owned properties and can deliver distinct advantages in a down market:

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Fannie Mae to pay 3.5% in closing costs through June 30, 2011

Low down payment and flexible mortgage terms

Available for Owner-Occupied, Second and Investment Properties

Down payments as low as 3%

No appraisal fees No Mortgage Insurance required

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