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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

Check 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 - 2,431 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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Derick Condron (rightstartoregon)
#31 ranked lender in Oregon - 598 contributions

That will depend on many factors.

Aug 9th 2012
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LISA OGLESBY (ctcloan)
#161 ranked lender in Florida - 13 contributions

Hi Dream8,Homepath just may be but in order to decide that, you first need to discuss your options with a mortgage professional. Feel free to give me a call or email me - lisa@gulf-western.com or 386-569-3761/

Aug 9th 2012
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