1. HOMEPATH
BY FANNIE MAE
What is HomePath, and how can you benefit
from this program?
No mortgage insurance, no appraisal and closing Available Terms
costs can be paid for by the seller! Fixed Options
Whether you’re buying your first home or your fifth, the Q Conforming limits: 15-year fixed, 20-year fixed
experience can be exciting, confusing, overwhelming and 30-year fixed
and wonderful – all at once! HomePath was put into place to
Q High balance limits: 30-year fixed high balance
meet the current challenges of the housing market.
HomePath includes a diversity of properties such as ARM Options
Condos, Single Family, and 2-4 unit properties.
Q Conforming limits—5/1 LIBOR and 7/1 LIBOR
Search for your home today at www.homepath.com
Q High Balance Limits— 5/1 LIBOR high balance
The Benefits Include:
Q No minimum borrower contribution for owner occupied 1 Q High balance loan amounts are eligible
unit properties with an LTV of 95.01% to 97%. Q No mortgage insurance!
Gifts funds are acceptable
Q No appraisal required!
Q Flexible mortgage terms (fixed-rate, adjustable-rate)
Q DTI to 50% with DU Approval
Q Borrowers may qualify even if their credit is
less than perfect Q As little as 10% down for investment and
2nd homes
Q Available for owner occupied, second home
and investment properties
Maximum loan amounts and other restrictions may apply. Ask for details. Some products may not be available in all states. Credit and collateral are subject to approval. This is not a commitment to lend.
Programs, rates, terms and conditions are subject to change without notice. Terms and conditions apply.
You may be eligible for Fannie Mae paying 3.5% to buyers closing costs AND
paying $1000 selling agent bonus for transactions closing by October 31st 2011
Call me today for information and a free loan consultation!
Mike Bon
MLO-119781
Your Future is Our Focus Mortgage Advisor
Cell: 253-495-2095
Mill Creek Office Direct: 425-224-8347
15117 Main Street Suite B106 • Mill Creek, WA 98012 mbon@MAGloans.net
Phone: 425.224.8300 • Toll Free: 888.618.8007
Mortgage Advisory Group’s top-notch customer service is the core of our
outstanding reputation. We pride ourselves on extensive knowledge of
Bellevue Office mortgage programs and regulations, advising you on the best option for
225 108th Ave NE Suite N150 • Bellevue, WA 98004 your needs, today and for years to come.
Office: 425.732.5800 • Toll Free: 877.752.8007
A Lifetime of Mortgage Advice
www.MAGloans.com
Bellevue • Everett • Marysville • Mill Creek • Puyallup • Wenatchee • Woodinville • Arizona
Global Advisory Group, Inc. dba Mortgage Advisory Group Equal Housing Lender Rev. 03/11
