How first time buyer can buy house with homeopath program , I would like to understand the process .

Hi, The Fannie Mae Homepath loan no longer exists. You'd need to see which other program is available fitting your needs. For example, Fannie now has a HomeReady program (similar) and/or if the property need repairs then you'd be looking at Fannie Mae HomeStyle. That or you could consider the traditional conventional programs or FHA programs to purchase as well. If you might have any additional questions, I'm happy to help. Best wishes otherwise, Kimberly Lawson, Ohio Licensed Loan Officer -Licensing and contact information can be found on my profile.

HomPath is no longer an actual loan program. I suggest talking to a local mortgage broker, give them a full application, and let them zero in on what programs are available to you. In MN, WI, and SD, visit me at www.MortgagesUnlimited.biz