Feb 19 2010
The best path may be HomePath for your next FL home purchase
One of the most popular FL mortgage programs happens to be one of the best ways to buy a FL home with the least amount of down payments and less hassle. Whether you are a FL first time home buyer; searching for a second home or vacation home; or want to pick up a great investment or FL rental home – Fannie Mae’s HomePath Mortgage has it’s advantages.
- Imagine being able to finance your next FL home without having to have an appraisal! With the HomePath mortgage, not only are appraisals not required; there are no declining market policy restrictions. Keep in mind, you can obtain your own, independent appraisal – just for piece of mind.
- Down payments can be as low as 3% for primary residences and 10% for second homes / investment properties.
- All this and nomonthly, PMI, private mortgage insurance! Sort of like getting a FL VA home loan without being a Veteran.
- Sellers can contribute up to 6% towards closing costs for primary and second homes; and up to 2% for investment properties.
For more information on the HomePath Program visit www.homepath.com. While there, search for the home of your dreams and then contact or call me directly at 407-733-6425. Let’s make sure you are qualified for this very popular FL mortgage loan.
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