Fannie Mae, the agency sponsored by the U.S. government to help make housing more affordable to all Americans, now offers HomePath, a special new home loan to finance the sale of its current reale-state owned (REO) properties across the country.
Metrocities Mortgage is among a select group of mortgage lenders nationwide who can offer the HomePath loan to get you into one of these homes!
Here are the key benefits of a HomePath Mortgage Loan:
• Only 3% down required on a primary residence property
• No mortgage insurance required
• No property appraisal required
• Only 10% down on 1-2 unit investment properties
• Get up to 6% in seller concessions on primary residence properties
