HOMEPATH LOANS (offering 90% financing on real estate acquisitions) are possible only on Fannie Mae owned properties. Homepath requires only a 10% down-payment, with NO mortgage insurance , and NO appraisal. That’s good for investors (although condo associations sometimes require a 20% down-payment regardless of whether it’s HOMEPATH property, or not). You must have a credit score of 660 in order to qualify though. For more information: www.Homepath.com
If you are looking to invest in Miami Real Estate, please contact the Restivo Team at EWM Realtors at 305 793-1365 or by email at restivo.v@ewm.com. Whether it’s waterfront or high-rise or investment property, Miami has a lot to offer, and we would love to help you find just the right property!
