Homepath

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The HomePath Mortgage


This type of financing features:

• 5% down payment (as of Nov. 16, 2013) and flexible mortgage terms (fixed-rate or adjustable-rate)
• Available to both owner occupants and investors
• Down payment (at least 5 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
• No appraisal required
• No mortgage insurance (Ask your lender for cost details on loans
without mortgage insurance.)

The HomePath Renovation Mortgage


This type of financing features:

• Financing to fund both your purchase and light renovation
• 5% down payment (as of Nov. 16, 2013) and flexible mortgage
terms (fixed-rate or adjustable-rate)
• Down payment (at least 5 percent) can be funded by your own
savings; a gift; a grant; or a loan from a nonprofit, state or local
government, or employer
• No mortgage insurance (Ask your lender for cost details on loans
without mortgage insurance.)
For more information, go to www.homepath.com or visit a HomePath Lender.
How do I know what type of financing is available for a Fannie Mae-owned home?
The logos below, posted next to each property listed on www.homepath.com, indicate the type of financing available.
• Properties with this logo are eligible for HomePath Mortgage only
• Properties with this logo are eligible for HomePath Renovation Mortgage only
Take Note!
• Sometimes getting financing for a condominium can be difficult, particularly if the condominium project doesn’t meet the standard
guidelines set by Fannie Mae. If the condominium is Fannie Mae-owned and eligible for HomePath financing, you may still be able to get
financing – talk to a HomePath lender for more information.
• Some HomePath lenders work in partnership with mortgage brokers to better serve local communities. Don’t be surprised if you’re working
with someone on HomePath financing but you don’t see their name on the www.homepath.com lender list – simply ask for the name of
their HomePath lender partner.