Fannie Home Path loans

First Place Bank is one of the few lenders approved to do HomePath Loans for Fannie mae owned properties. You can search Fannie Mae owned properties by going to http://www.homepath.com/.  Owner occupied properties can be purchased with as little as 3% down payment- all of which can be a gift. For investors, if you own less than 4 properties you can purchase an investment property with 10% down or for investors with more than 4 properties you’ll need 25% down. For owner occupied buyers, there is a No appraisal & NO Private Mortgage insurance option- saving on your monthly payment.  We are able to do HomePath Loans in all 48 states.HomePathFlier_FPB

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About lizschneider66

Mortgage consultant with over 18 years experience. First time buyers, move up buyers, construction, FHA/VA, Jumbo loans, investment property purchases, & refinances- I will find the solution to financing the American dream of homeownership! Subscribe to my blog and never miss any mortgage industry news.
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