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HomePath Loans

HomePath® Loans

HomePath® Mortgage allows a borrower to purchase a Fannie Mae-owned property with a low down payment, flexible mortgage terms, no lender-requested appraisal and no mortgage insurance. Expanded seller contributions to closing costs are allowed.

Features & Benefits

  • 3% minimum down payment
  • Down Payment can come from a gift
  • No monthly or upfront mortgage insurance
  • No appraisal
  • Expanded seller contributions for closing costs allowed
  • Available for primary residences, second homes and investment properties
  • This product is property specific