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Homepath Mortgage Right for Us?

by dream8_810_540 from Brandon, Florida. Aug 9th 2012 Reply


Andrea McCormick (amccormick@providential.com)
#163 ranked lender in Florida - 3 contributions

So many factor need to be considered to answer this question that it would probably be best to contact your Mortgage Broker, if you don't have someone you work with contact me at 786-285-2041 or email me at andrea.mccormick@supremelending.com. You need to make sure the property you choose is eligible in addition to criteria which would make this a good fit for you.

Aug 9th 2012
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Peter Botros (PeterBotros)
#70 ranked lender in New York - 895 contributions

Sure, if you qualify

Aug 9th 2012
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William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,728 contributions

HomePath is 3% down, no mortgage insurance, but it's only available on HomePath Homes.. The interest rate is higher, however the overall payment will be lower than going FHA or conventional. Since HomePath is a conventional product, you will need higher credit scores to qualify.. FHA allows for 3.5% down, and you can use this financing on just about any home...I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Aug 9th 2012
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Bert Carpenter (BertCarpenter)
#1 ranked lender in Arizona - 2,020 contributions

It depends on the circumstances. You did not provide enough detail for anyone to answer your question correctly. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com 888-889-9950

Aug 9th 2012
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Linda Wintersteen (Linda123)
#62 ranked lender in Arizona - 1,256 contributions

IT ALL DEPENDS .. I love Homepath, I have been doing those types of loans for the last 4 years.. Homepath is for 3% down for primary or second homes, 10% down for investments, no mortgage insurance, and most of the times Fannie Mae pays the closing costs. they do require mortgage history ,, so this is not for a first time home buyer. You need to buy a designated Home path home, go to www. homepath. com THERE IS never a appraisal, so you will want a home inspection.. you can email me at yourloanpartnerforlife@live.com or phone me at 602-330-1598 and I can lend in florida.. I have other 25 years of experience in the mortgage industry..

Aug 9th 2012
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Ralph Richard Guertin (ralph@absolutelowrates.com)
#136 ranked lender in Florida - 796 contributions

THEY ARE GREAT IF YOU QUALIFY...BUT BASED ON THE INFORAMATION GIVEN IT IS PRETTY HARD TO ADVISE

Aug 9th 2012
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Terri Koubek (tkoube_973_460)
#143 ranked lender in Florida - 2 contributions

If you qualify this is a good product.

Aug 9th 2012
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Great mortgage product! Lots of benefits to savvy home buyers. First things first, you need to get qualified. Not pre approved, it doesn't mean much. I am a Fannie Mae & Freddie Mac partner. We can get you financially approved and then you can start your search. We have over 20 years experience making mortgages. No points with me. Great rates, actually the best. I welcome people to shop me around. We're not here to make our month off your loan, were here to give you the best rate, no points and the best service. We live from referrals from people like you. The consultation is free. No strings, just straight talk. So please I welcome you to contact us at 1.800.218.6402 x189 Otto or otto@forresttrust.com We have an A+++ with the BBB & Iam in Florida.Thanks

Aug 9th 2012
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