Fannie Mae Homes

Just thought I would share that I now have Fannie Mae homes for sale in Ventura County listed on my website (click on the Listings tab). Many of these homes are not in the local MLS and you may not otherwise find out about them.



Fannie Mae homes are foreclosed properties that were backed by the government and now for sale. Just like a bank-owned or REO property. There is special financing and qualifying for one of these mortgages may be simpler than what you can find elsewhere in the marketplace. Here's a glimpse of what Fannie Mae calls HomePath® Mortage Financing:

This special financing is available on Fannie Mae homes with the following logo:

The benefits include:
Low down payment and flexible mortgage terms (fixed-rate, adjustable-rate, or interest-only)
You may qualify even if your credit is less than perfect
Available to both owner occupiers and investors
Down payment (at least 3 percent) can be funded by your own savings; a gift; a grant; or a loan from a nonprofit organization, state or local government, or employer
No mortgage insurance*
No appraisal fees
Also eligible for HomePath Renovation Mortgage

HomePath Mortgage financing is available from a variety of lenders - both local and national.