Fannie Mae HomePath Program Helps More Homeshoppers Become Home Owners ®
With the HomePath mortgage program, more people looking for a new home may be able to make a purchase and become home owners! Fannie Mae, a government-sponsored enterprise that helps increase the availability of homeownership to low- and moderateincome buyers, owns properties that may be designated as eligible for a HomePath mortgage. Only Fannie Mae-owned properties are eligible for this special financing! Benefits of the program include: • 1 5- and 30-year fixed-rate options and 5/1 and 7/1 LIBOR ARM options • Primary residences, second homes and investment properties are eligible • Up to 97% financing on a primary residence • Up to 90% financing on a second home • Up to 85% financing on an investment property • No appraisal required
• N o condo or PUD warranty required • All loans are run through DU with an Approve Eligible • Up to 6% seller contributions permitted on primary residence and second home • Minimum FICO 620 • Gift funds can be used for entire down payment in some circumstances • No PMI required
Does this sound like the program that could help turn your goal of homeownership into a reality? Contact me today to learn more about HomePath financing and how I can help you become a home owner! Anthony Preston Branch Manager W.J. Bradley Mortgage Capital Corp. 1200 N. Federal Highway Boca Raton, FL 03343 Office: 561-400-4825 Cell: 702-280-9561 Fax: 877-750-0952 anthony.preston@wjbradley.com www.mywjb.com/anthony-preston NMLS #: 357044
Elizabeth Avila Realtor Real Estate Home Sales 4982 North Pine Island Road Sunrise, FL 33351 Office: 954-572-7777 Cell: 561-506-9539 elizabeth2709@hotmail.com
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