Yep It’s true…If you are looking for a primary residence you could get a loan with no mortgage insurance, no appraisal, seller paid closing costs (up to 3.5% expires October 1st, 2011) and only need 3% as a down payment! You must have a credit score of at least 660.
This is offered by Fannie Mae. Fannie Mae owns properties they are trying to get off of their books so they offer these sweet incentives. See if you can find a property you like on their Home Path website. I am a direct lender with Home Path financing. Call me today to get pre approved! 888-206-5781 x 1017 Or email me
North County
*1902 Wright St 2nd floor Carlsbad CA 92008
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5360 Jackson Drive #220 La Mesa CA 91942
Nevin Williams NMLS #69651
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www.SanDiegoHomeAndLoan.Info
Thank you for the information. It was very interesting. I will recommend this to others. Thanks again.
Nevin,
Wow, interesting. I rarely deal with financing, we are a vacation destination market, so it is predominantly cash, but it is good to know. maybe I would need it
Sheri - Copy & paste again I see....
Jon - There are a lot listed in your area! View Home Path Daytona Beach
the only problem with this is there is not much inventory (here in Colorado anyway).
I do agree when you can find it a very good deal it is
Homepath is awesome...but it's awesome where we are! There's a ton of inventory here!