Comments on: Seven Homepath Mortgage Financing Facts http://stratfordhomehunting.com/homepath-mortgage-financing-facts/ at Stratford Home Hunting Tue, 21 Dec 2010 03:03:36 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ed Bisquera http://stratfordhomehunting.com/homepath-mortgage-financing-facts/comment-page-1/#comment-172 Ed Bisquera Tue, 28 Jul 2009 17:20:19 +0000 http://stratfordhomehunting.com/?p=601#comment-172 We've been having great success with sharing this loan program option with our Realtors and investors and it is I believe the only investor loan up to 90%. As long as the homes are ones you can find on the HomePath website, a buyer can utilize the HomePath loan program, either the HomePath or HomePath Renovation. But you are right: a buyer should have his/her mortgage options compared by a mortgage consultant and see which option is best. Rates are higher, but can be bought down (seller contributions on owner occupied home is up to 6%, so some of that can be used toward a rate buydown) and again, a buyer should compare between an FHA loan and this HomePath 97% option. In today's market, every loan option available is a helpful and this HomePath mortgage program could help expedite and move more homes to be sold, helping our economy. Thanks for your post! <a href="http://blog.pdxloan.com" rel="nofollow">Ed Bisquera, Mortgage Consultant, Vancouver, WA, Washington and Portland, OR, Oregon</a> Follow this <a href="http://twitter.com/edbisquera" rel="nofollow">HomePath Lender @edbisquera on Twitter</a> (360) 597-8283 cell We’ve been having great success with sharing this loan program option with our Realtors and investors and it is I believe the only investor loan up to 90%. As long as the homes are ones you can find on the HomePath website, a buyer can utilize the HomePath loan program, either the HomePath or HomePath Renovation.

But you are right: a buyer should have his/her mortgage options compared by a mortgage consultant and see which option is best. Rates are higher, but can be bought down (seller contributions on owner occupied home is up to 6%, so some of that can be used toward a rate buydown) and again, a buyer should compare between an FHA loan and this HomePath 97% option.

In today’s market, every loan option available is a helpful and this HomePath mortgage program could help expedite and move more homes to be sold, helping our economy.

Thanks for your post!

Ed Bisquera, Mortgage Consultant, Vancouver, WA, Washington and Portland, OR, Oregon
Follow this HomePath Lender @edbisquera on Twitter
(360) 597-8283 cell

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