Home Path financing, available only on Fannie Mae-owned properties.

Home Path program: Eligible Fannie Mae properties can be purchased with up to 97% financing with no PMI, no appraisal requirement and gift funds accepted for entire down payment in some circumstances.

conventional_homepath

Features

  • No appraisal required.
  • Up to 97% financing for eligible property types.
  • No mortgage insurance required.
  • Allowed for primary residence, second or vacation home, or investment property.
  • Fixed- or adjustable rate mortgages available.

 

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