Fannie Mae HomePath® program is a fixed-rate, fully amortizing loan program
that provides the financing for properties that are owned by Fannie Mae as a
result of foreclosure or other similar action such as a deed-in-lieu.
Low down payment minimum of 3% down paymentis required which can be funded by the
borrower’s own savings, a gift, a grant or a secured loan from a nonprofit
organization, state or local government or employer
No appraisal required
No mortgage insurance required
Expanded seller contributions for closing costs
transactions of owner occupied 2-4 unit properties are subject to the
units: Borrowers may not own any other residential
property of equal or greater value in the same area in which the units are
located. The mailing address and property address must be verified as the
same. If this verification cannot be made, the property must be treated as an
units:The loan documentation (credit report,
income/asset verification) must show the subject property as the borrower’s
The Homeowner’s insurance policy must show
that the mailing address and subject property are the same. The purchase contract must show the
borrower’s intent to occupy.
We recognize the importance to you of keeping your information secure
and confidential. We will not sell or share your personal information.
Call us 888.958.4228
www.MORTGAGE-WORLD.com, LLC is not an agency of the state or federal government and is not affiliated with the Federal Housing Administration.
Nationwide Mortgage Licensing System ID 1630225
All loans arranged with third-party providers.
Licensed in the State of New Jersey
Florida License Number - MBR2317
535 Bergen Blvd. Suite 2
Ridgefield NJ 07657
Fannie Mae Home Path Florida, Fannie Mae Home Path Florida