Fannie Mae Homepath Program| Late 2010 Bonus To Seattle Realtors & Homebuyers (Demo)

The FANNIE MAE Home Path Program is HOT right now…  Fannie Mae is paying 3.5% of the borrower’s closing cost making it by far the least expensive mortgage program for Seattle area first time homebuyersAlso, from September 23rd to December 31, 2010, Fannie Mae is offering a commissions bonus of $1,500, on top of the standard 3% commissions. (CLICK HERE for Homepath Program Q&A Sheet)

As an exclusive Seattle Fannie Mae Mortgage Lender, I am  able to underwrite and fund FANNIE MAE mortgage loans in-house creating a smooth, quick loan process. The HomePath® Mortgage program 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…)!

Seattle HomePath Mortgage Program:
No Appraisal Required
– Low down payment – 3% down for first time homebuyers
– Low down payment for investors – 10% vs 20-25% down
– No PMI 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 (over $417,000)
– Eligible properties include primary residences, second homes and investment properties
– Minimum credit score 660
– Down payment can be a gift (very similar to FHA, but w/out FHA fees)

If you are interested in getting a list of all Fannie Mae owned homes in your area, contact me at and I will send you the list within 30 minutes.  New listings from Fannie Mae come on the market daily, and some homes typically have offers within the first 5-7 days…

Dan Keller
(425) 350-7136