Is Fannie Mae Homepath A Good Option For First Time Home Buyers?

Click Here For More Specific Information On: Contractor Management Services Online By Simon Volkov Fannie Mae Homepath is a government-sponsored home buying program that offers discount-priced foreclosure homes. Buyers can apply for financing through Home Path Mortgage to receive special incentives and low-interest mortgage loans. Additionally, many of the Fannie Mae Homepath properties are eligible for Neighborhood Stabilization Program grants offered through the Department of Housing and Urban Development. First time home buyers find Fannie Mae homes attractive because they are often priced 10- to 20-percent below market value. Although…