
Exclusive Seattle Fannie Mae Mortgage Lender Dan Keller is able to underwrite and fund FANNIE MAE mortgage loans in-house creating a smooth, quick loan process. I believe this program will help stabilize communities impacted by recent foreclosures by creating another option for homebuyers to achieve homeownership. The HomePath® Mortgage program is now available to my agents and buyers, and can provide up to 97% financing for qualified borrowers wanting to purchase an eligible Fannie Mae-owned property. Even investors and multiple home owners can use this program (investors only need to put down 10%, instead of 20%, plus there is no PMI...)!ATTENTION REALTORS: From September 23, 2010 to December 31, 2010, the Fannie Mae Homepath Program is offering an additional $1,500 commission on top of your stated commission. Click Here to READ THE MEMO From Fannie Mae Homepath

- Low down payment - up to 97% financing for primary residence and up to 90% for investment property
- No MI required; however specific MI adjusters apply
- Fixed rates, ARMs and Interest-Only payment feature available
- May be available to buyers with less-than-perfect credit
- Eligibility for high balance conventional loans
- Eligible properties include primary residences, second homes and investment properties
- Minimum credit score requirements are as follows:
- 660 required for Loan To Valaue > 80%
- 620 required for LTV <= 80%
-Down payment can be funded by a borrower’s own savings; a gift; a grant; or a
loan from a nonprofit organization, state or local government, or employer (very similar to FHA guidelines, but without the additional FHA MI costs...).
· Purchase transactions only
· No appraisal required
Ask me to compare the FANNIE MAE Home Path Program to a Seattle Area FHA home loan. And even if a HomePath loan isn’t right for you, our other products or programs may fit your needs. Let me know if you would like a side-by-side comparison. I'd be happy present that to you!
You can go to http://www.homepath.com to search for directly for eligible Fannie Mae properties, or contact me directly and I can help!
Dan Keller
dan.mortgageadvisor@gmail.com
(425) 350-7136
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