Florida Mortgage Loans
 
Florida Mortgage

Jun 27 2010

The path to your next home – Fannie Mae’s Homepath

Fannie Mae’s Homepath mortgage program is not limited to just first time home buyers.  Seasoned investors looking to pick up a very low priced FL rental property can take advantage; as well as, FL vacation home or 2nd home buyers.  The Homepath FL mortgage loan may just pave the way – consider the following benefits: 

  • Finance your next FL home without having to pay for an appraisal!  With the HomePath mortgage, appraisals not required.  Keep in mind, you can obtain your own, independent appraisal – for piece of mind.
  • Down payments can be as low as 3% for owner occupied homes and 10% for vacation or 2nd homes and investment properties.
  • Enjoy lower monthly payments, as there is no PMI (private mortgage insurance) requirement. 
  • And with sellers contributing up to 6% towards closing costs for primary and second homes; or up to 2% for investment properties; FL home buyers continue to save.

 If you’re looking for a local Fannie Mae Homepath Realtor or to find out if you qualify for a Homepath mortgage loan; call 321-987-9876 or email info@beechtreemortgage.com.

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