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Steven Ceceri

Fannie Mae HomePath Financing Benefits

Monday, January 14, 2013 - Article by: Steven Ceceri - First Home Bank - Message

Here are some benefits for using the Fannie Mae HomePath Financing:

1. First, visit http://www.homepath.com/index.html to find a Fannie Mae Owned Property.

2. Apply for financing to obtain a Pre-Approval so you are ready to make an offer when you locate the property you are interested in. Visit www.123LoanYes.com to apply online today!

3. Once you locate a property you are interested in, contact your Real Estate Agent to setup a showing with you.

4. If interested, prepare an offer and take note of the benefits below:

Benefits to the Borrower

* Low Down Payment and flexible mortgage terms (fixed-rate, adjustable rate, or interest-only)

* Down Payment, minimum of 3%, which can be funded by the borrower's own savings; a gift; a grant; or a loan from a nonprofit organization, state or local government, or employer

* No Appraisal Fees as there is no requirement for an appraisal to be conducted

* No Mortgage Insurance (ask the lender for cost details on loans without mortgage insurance)

* Available for Primary Residents, Second Homes and Investment Properties (Up to 90% Loan To Value)

Questions?

Send your questions to me via email: Loans@123LoanYes.com or visit my website at www.123LoanYes.com for general information. I look forward to working with you or someone you know soon!

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