Fannie Mae Homepath Loans Updates
Fannie Mae on Thursday announced an expansion of the company’s REO program, HomePath.com.
HomePath already offers owner-occupant buyers 3 percent down with no mortgage insurance. The expansion gives these home buyers up to 3.5 percent of the final sales price to use toward paying closing costs. A home warranty also will be available.
HomePath already offers owner-occupant buyers 3 percent down with no mortgage insurance. The expansion gives these home buyers up to 3.5 percent of the final sales price to use toward paying closing costs. A home warranty also will be available.
posted by Angela Innes at
1:30 PM
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