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.