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 real estate owned (REO) properties across the country.
Prospect 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
In addition to being one of the few lenders approved to offer the HomePath loan, we’re experts with REO transactions. I have been specially trained to handle the specific requirements of an REO transaction. I’ll keep the process smooth and stress-free. Search for Fannie Mae REO properties eligible for HomePath financing at:
http://reosearch.fanniemae.com/reosearch/
Contact me today to learn more about the HomePath program! | 
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