HomePath Mortgage Financing
With a HomePath® Mortgage, you can buy a Fannie Mae-owned home with a low down payment, flexible mortgage terms, no lender-requested appraisal and no mortgage insurance. Expanded seller contributions to closing costs are also allowed.
Benefits to the borrower include:
- Flexible mortgage terms
- Low down payment
Down payment can be funded by your own savings; a gift; a grant; or a loan from a nonprofit organization, state or local government, or employer
- Expanded seller contributions for closing costs allowed
- No mortgage insurance (ask us for cost details on loans without mortgage insurance)
- HomePath is available for primary residences, second homes and investment properties
Find out more about this mortgage loan option in the HomePath Mortgage articles we offer on the AmeriFirst Home Mortgage blog.
Watch the video below to learn more about HomePath and HomePath Renovation.