Own up to 10 Homepath Investment properties with as little as 10% Down Payment

Own up to 10 Homepath Investment properties with as little as 10% Down Payment

Own up to 10 Homepath Investment properties. The first 4with as little as 10% Down Payment.

HomePath offered by Fannie Mae  is perhaps the only program that allows for the purchase of investment properties with as little as 10% down (only singles and 2-units; 3-4 require 25%). This really opens a door that has been closed for investors looking to re enter the market and establish  Real Estate as apart of their  investment portfolio.

Under the Homepath program the current limit of not more than 4 properties financed by same borrower with Fannie Mae is expanded to the “old” 10 unit rule. Note that after 4 financed properties the down payment required goes to 25%.

Homepath Mortgage Loans are financed with FHA, VA, USDA and Conventional Mortgage products to meet your needs.

Get Pre-Approved So You Can Move Quickly

When you’re shopping for a Homepath Foreclosure, have a pre-approval letter. It not only shows the Fannie Mae and the listing agent  that you’re serious, but just by getting pre-approved, you’re able to bid and close on your home faster than the next guy. And speed helps.

All things equal, Listing Agents and Fannie Mae want to close quickly to reduce inventory. If you’re pre-approved, you can do that.

To get a free pre-approval (and to check mortgage rates while you’re at it) Give me a call at 925-708-5400 or even better shoot me a message below to get started today!

 

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