HomePath Mortgage
Specifically for Borrowers Purchasing a Fannie Mae-Owned Property.
FEATURES AND BENEFITS
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Low down payment.
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You may qualify even if your credit is less than perfect.
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Available for primary residences, second homes and investment properties.
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Down payment can be funded as a gift, a grant, or a loan from a nonprofit organization, state or local government or employer.
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No mortgage insurance.*
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No appraisal required.
FLEXIBLE TERMS
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10-, 15-, 20-, 25- and 30-year fixed rate.
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Adjustable rate options available.
ELIGIBLE PROPERTY TYPES**
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1- to 4-unit properties.
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Planned unit developments (PUDs).