A HomePath Mortgage may be a better choice than an FHA mortgage loan. A Home Path Mortgage loan only requires 3% down whereas an FHA loan can require up to 3.5% down. There is no PMI insurance required on a HomePath Mortgage. An FHA mortgage has mortgage insurance as well as a 1.5% funding fee up front ouch. There is no appraisal required for a HomePath loan.
Home Path mortgage information
Showing posts with label homepath mortgage program. Show all posts
Showing posts with label homepath mortgage program. Show all posts
Wednesday, April 29, 2009
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