Fannie Mae making it easy for investors with new HomePath program

Fannie Mae has established it’s new HomePath progam to reduce its portfolio of tens of thousands of foreclosed homes. This present real estate investors with a great new opportunity. Fannie Mae must sell these houses to stop the bleeding of red ink, and will finance the transaction to new owners with attractive terms.

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
•Also eligible for HomePath Renovation Mortgage
•HomePath Mortgage financing is available from a variety of lenders – both local and national.

Get more details, and locate properties in your area at:

Upcoming radio interviews

September 15 at 8:05 am, the Dan and Mike Show with Dan Ramey, WBEX 1490 AM, Chillicothe, Ohio.

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One Response to “Fannie Mae making it easy for investors with new HomePath program”

  1. […] New Fannie Mae Program To Benefit Real Estate Investors Posted by: aiza | Category: Real Estate Investing, Reos, Short Sales […]

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