FANNIE MAE'S HOMEPATH PROGRAM HIGHLIGHTS

Have you ever considered Fannie Mae's HomePath Mortgage? Opes Advisors offers this fantastic loan program with underwriting right here in Eugene. With local underwriting and limited property conditions, closings these programs can be super fast!
Some features of the program are:

- NO appraisal required. Fannie Mae's sales price is the value. This is a savings of approximately $475 plus the time it saves, you could shave as much as two weeks off the closing time!
- NO Mortgage Insurance. This is a significant savings, as much as 1.15% annually (compared to FHA).
- Only 3% down required (that can even be gifted) if a primary residence.
- Credit scores as low as 620 are eligible, however at a 660+ credit score, buyers receive better pricing and higher loan-to-value options are available.
- Investment properties at 90% loan-to-value with No Mortgage Insurance!
- Second Homes up to 90% loan-to-value with No Mortgage Insurance!
- Property must be owned by Fannie Mae and eligible for the HomePath program. Interested in finding out what properties are eligible? You can log on to www.FannieMae.com and click HomePath to find all properties that are eligible.
PLEASE FEEL FREE TO CALL ANYTIME TO DISCUSS THIS PROGRAM OR ANY OTHER MONEY SAVING PROGRAMS AVAILABLE AT OPES.
Randy Free
Mortgage Advisor OR ML4902 | NMLS 283930
RFree@OpesAdvisors.com
541.984.5626