Fannie Mae’s Homepath program is not limited to just first time home buyers. Seasoned investors looking to pick up a very low priced FL investment property can take advantage, as well as FL vacation home or 2nd home buyers. The Homepath mortgage loan may just pave the way on the path towards your next FL home mortgage.

Consider the following benefits with the Homepath program:

  • Finance your next FL home without having to worry about or even pay for an appraisal. With the HomePath mortgage, appraisals are not required!
  • Down payments can be as low as 3% for owner occupied homes and as little as 10% for vacation, 2nd homes or investment properties.
  • Enjoy lower monthly payments, as there is no PMI (private mortgage insurance) requirement.
  • Enjoy spending less (save more money), as sellers can contribute up to 6% towards buyer closing costs for primary and second homes; or up to 2% for investment properties
  • No prepayment penalties and choose from 30 year or 15 year fixed rate loans as well as 3/1 or 5/1 ARM programs.

To learn more about your path to qualify for a Fannie Mae Homepath mortgage; call 407.733.6425 or email Stephen Thaggard.

Stephen Thaggard, NMLS 356309,  Sr Loan Officer, licensed in Florida,

Embrace Home Loans, NMLS 2184,  485 N Keller Road, Suite 550, Maitland, FL 32751

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