Yes, its true ! Buyers can get upto 97% financing from Homepath (Fannie Mae), with no mortgage insurance, no appraisal, and no condo doc approvals !! Minimum credit score is 660. Why ? How ? you ask ... well this program is only offered on Fannie Mae foreclosures ... and is, of course, funded by Fannie Mae !

Freddie Mac has a very similar program for its foreclosures called Home Step.

Please contact me for a list a Freddie Mac and Fannie Mae foreclosures in your area.

Aloha !

Peter

Labels: 97% financing Foreclosures Home path Home step