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105% Financing is available for current homeowners that want to take advantage of today’s rates. Bonus features include no MI (if current mortgage does not have MI) or reduced MI (if current loan does have MI), light documentation, and not just for primary residences
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A comparison between Fannie Mae’s HomePath home mortgage loan and USDA’s 100% Guarantee home mortgage loan. Know your options before your buy
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HomePath is a great mortgage loan product despite what some may say. With no appraisal, no mortgage insurance, and low down payment options, buyers are enticed to start buying again with lower monthly payments and less money out of their pocket. But it goes beyond this
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A new Fannie Mae mortgage program offered to home buyers looking to purchase a home where the seller has a current FNMA mortgage. No Mortgage Insurance or Appraisal is needed with this loan
