Owner-occupied (3-5% down), second home (10% down) and investor properties (15% down).
Eligible properties must be owned by Fannie Mae (as a result of foreclosure or other similar action), sold by Fannie Mae to the borrower(s), and designated by Fannie Mae as eligible for a HomePath® Mortgage. To review available properties, go to www.HomePath.com
This special financing is available on Fannie Mae homes with the following logo:
The benefits include:
• Low down payment
• Down payment (at least 3 percent) can be funded by your own savings; a gift; a grant; or a loan from a nonprofit organization, state or local government, or employer
