Posted by: Larry Stevens | March 27, 2012

New Article: HomePath and HomePath Renovation

New Article: HomePath and HomePath Renovation
A new article has been posted on our blog by Dan Moyle:

HomePath and HomePath Renovation

A peculiar thing is happening in the housing market right now. A lot of house shoppers are looking at foreclosed homes as a viable option. Once upon a time, everyone wanted new construction. However, in the current market home buyers can find great deals on Fannie Mae-owned properties and other real estate owned (REO) homes. Couple that with low interest rates and a low down payment requirement for financing options like HomePath, and you have the recipe for success for many buyers.

So many folks are considering this route in fact, that a video we produced months ago is now gaining ground and has become our most popular video. It seems the Fannie Mae marketing for HomePath has people searching for more information on this option. Fortunately, national renovation lending expert Joe Daly took time to talk about the HomePath and HomePath Renovation programs with us.

AmeriFirst Home Mortgage is an approved HomePath lender. This new program is designed to help restore communities by moving foreclosures owned by Fannie Mae off the market and back into the hands of homeowners. AmeriFirst Renovation Program Manager Joe Daly explains the benefits of HomePath financing in this episode of Mortgage Minute TV with Dan Moyle.

Click here to go to the original post and watch the YouTube Video

See the video on YouTube here: HomePath and HomePath Renovation with AmeriFirst

So, a HomePath Mortgage allows you to buy a Fannie Mae-owned home with several benefits.

Flexible mortgage terms
Low down payment
No mortgage insurance (ask us for cost details on loans without mortgage insurance)
HomePath is available for primary residences, second homes and investment properties
Download the “HomePath Buyer’s Guide” from AmeriFirst Home Mortgage at the button below. The free guide walks you through the pros-and-cons of HomePath and what it all means.

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