Highlights of HomePath^®

No Appraisal Required

No Mortgage Insurance Required

All occupancy types are eligible

Primary Residence, Second Home, and Investment

Eligible for High Balance Loan Amounts

Unique Attributes to HomePath^®

The sales price is used as the property value for determining LTV/CLTV

HELOC’s are not eligible

6% Sales Contributions for LTV’s from 90.01% – 95%. (Primary and Investments)

5% higher LTV’s for 1 and 2-unit investment properties. (non-High Balance)

More than 780 Fannie Mae owned properties…

in Washington alone!

Maximum 97% LTV

No Declining Market Policy

1 – 4 unit properties are eligible with Options available

for borrowers who have more than 4 financed properties