Homepath Financing
0 likes238 views
Fannie Mae's HomePath program offers affordable home loans for purchasing REO properties with minimum down payments as low as 3-5% and flexible terms. Borrowers may qualify for fixed-rate or adjustable-rate mortgages within conforming or high-balance loan limits even with less than perfect credit. The program provides homes with no mortgage insurance or appraisal requirements. Contact a HomePath authorized lender like Mortgage Advisory Group for current special incentives from Fannie Mae.
Homepath Financing
- 1. HomePath by Fannie Mae Team Up with Our Mortgage Advisors for Home Loan ExpertiseBringing Home Ownership One Step Closer HomePath is a program designed to move Fannie Mae REO homes THE BENEFITS INCLUDE: AVAILABLE TERMS OO Minimum borrower contribution options from 3 to 5% Fixed Options OO Low down payment and flexible mortgage OO Conforming limits terms (fixed-rate, adjustable-rate) PO 15-year fixed OO Borrowers may qualify even if their credit is PO 30-year fixed less than perfect OO High balance limits OO Available for owner occupied, second home PO 30-year fixed high balance and investment properties OO High balance loan amounts are eligible ARM Options Conforming limits OO No mortgage insurance! OO PO 5/1 LIBOR OO No appraisal required! PO 7/1 LIBOR OO No Max DTI OO High Balance Limits OO Ask us about the current special incentives offered by PO 5/1 LIBOR high balance Fannie Mae Team Up with MAG Your HomePath Authorized Lender! www.MAGloans.com Mike Bon MLO-119781 Mortgage Advisor Cell: 253-495-2095 Your Future is Our Focus Direct: 425-224-8347 mbon@MAGloans.net Mortgage Advisory Group is a direct lender who carries Mill Creek Office 115117 Main Street B106 Mill Creek, WA 98012 and underwrites Conventional, FHA, VA, State Bond, USDA, 425-224-8300 Toll Free: 888-618-8007 Fax: 425-224-8303 CL-36212 Reverse Mortgage, High Balance Loans and most every other program offered nationwide. Bellevue Branch 225 108th Ave NE Suite N150 Bellevue, WA 98004 Office 425.732.5800 Toll Free 877.752.8007 Fax 425.732.5801 CL-279214 Equal Housing Lender. Some products may not be available in all states. Credit and collateral are subject to approval. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Terms and conditions apply. All rights reserved. 04-27-2009 PRGM-01-09-0035.C AR76520 Everett Mill Creek Marysville Silverdale Bellevue Puyallup Wenatchee Arizona www.MAGloans.com