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Wednesday, June 13, 2012

Fannie Mae HomePath Program Helps More Homeshoppers Become Home Owners

 

 

Fannie Mae HomePath® Program Helps More Homeshoppers Become Home Owners

 

With the HomePath mortgage program, more people looking for a new home may be able to make a purchase and become home owners! Fannie Mae, a government-sponsored enterprise that helps increase the availability of homeownership to low- and moderate-income buyers, owns properties that may be designated as eligible for a HomePath mortgage. Only Fannie Mae-owned properties are eligible for this special financing!
 
Benefits of the program include:

  • 15- and 30-year fixed-rate options and 5/1 and 7/1 LIBOR ARM options
  • Primary residences, second homes and investment properties are eligible
  • Up to 97% financing on a primary residence
  • Up to 90% financing on a second home
  • Up to 85% financing on an investment property
  • No appraisal required
  • No condo or PUD warranty required
  • All loans are run through DU with an Approve Eligible
  • Up to 6% seller contributions permitted on primary residence and second home
  • Minimum FICO 620
  • Gift funds can be used for entire down payment in some circumstances
  • No PMI required

Contact me today to learn more about HomePath financing and how I can help you turn more of your homeshoppers into home owners!

 

 

Mark Ott

Loan Officer

W.J. Bradley Mortgage Capital, LLC

Office: 928-775-9330

Cell: 928-713-9639

Fax: 928-775-9331

NMLS: 189552

License: BK-0903998

Contact Me

My Website

 

 

EM-VTISAV

© 2012 W.J. Bradley Mortgage Capital, LLC. 6465 Greenwood Plaza Blvd, Suite 500, Centennial, CO 80111 Phone #303-825-5670. NMLS ID 3233. Trade/service marks are the property of W.J. Bradley Mortgage Capital, LLC. This is not a commitment to lend. Restrictions apply. All rights reserved. Some products may not be available in all states. WJB is not acting on behalf of or at the direction of HUD/FHA or the federal government.

AZ Mortgage Banker License # BK-0903998; Licensed by the Department of Corporations under the California Residential Mortgage Lending Act RML# 4131002; To check the license status of your CO Mortgage Broker, visit http://www.dora.state.co.us/real-estate/index.htm; Florida Mortgage Lender Servicer license #MLD738; ID Mortgage Broker License No. MBL-7766; IL Residential Mortgage Licensee – License #MB.6760738, 6465 Greenwood Plaza Blvd., Suite 500, Centennial, CO 80111; MN Residential Mortgage Originator License No. MN-MO-3233; NV Mortgage Banker License No. 2061; NV Mortgage Broker License No. 504; NM Mortgage Loan Company and Loan Broker Act Reg. No. 01856; OK Mortgage Broker   License No. MB001365; OR Mortgage Lender License No. ML-776; TX Registered Mortgage Banker – NMLS 3233; http://www.wjbradley.com/Texas-Mortgage-Banker-Disclosure.html; UT Mortgage Lender Company License No. 5495659-NMLC; Utah Consumer Credit Notification and Utah Residential First Mortgage Notification regulated by the Utah Department of Financial Institutions; Vermont Lender License #6341; WA Consumer Loan License No. CL-3233; Wisconsin Mortgage Banker License No. 699991. NMLS consumer access: www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/3233.

 

 


 

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