Kentucky HomePath® Mortgage financing.
Mortgage provides special financing terms exclusively for Kentucky Fannie Mae
real-estate-owned properties and can deliver distinct advantages in a down
market:
• Low down payment and flexible mortgage terms
• Available for Owner-Occupied, Second and Investment Properties
• Down payments as low as 3%
• No appraisal fees
• Properties displaying this logo are
eligible for purchase by GMAC Bank
• No Mortgage Insurance required
• Renovation Option not eligible for purchase by GMAC Bank
• Fannie Mae High Balance available in qualifying areas
• 6% Sales Concession Allowed up to 97%
• LTV Minimum Credit Score 620
Put the HomePath Mortgage program to work and grow
your business
• Offer attractive financing options on a wide array of Fannie Mae REO
properties to your current borrower base
• Provide your realty partners with a web-link to the HomePath
Mortgage-eligible properties in their area so they can offer more
options to their clients
• To see listings in your area and connect with listing agents go to
www.homepath.com
For further information, contact
ü Kentucky HomePath – Did you know we don’t have overlays?
ü Kentucky HomePath -- Did you know we allow 97% on Owner Occupied, 90% on Second Homes, and 85% on Investment Properties (all 1 unit and 660 score)
ü Kentucky HomePath – Did you know that the HomePath product does not require an appraisal or MI?
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