HomePath

HomePath homes, which are foreclosures owned by Fannie Mae, offer a unique opportunity for first-time home buyers in Georgia. You can purchase a home with as little as 3% down payment. You may also qualify for up to 3% in closing cost reimbursement. One of the advantages of HomePath homes is their affordability. These homes are typically priced lower than standard-market homes, allowing buyers to get more value for their money. It’s important to note that HomePath homes are sold in as-is condition, meaning that any necessary repairs or renovations will be the responsibility of the buyer.

• Purchase property lower than market value
• 3% down payment
• 620 credit score
• 50% DTI
• Buyers with limited funds for a down payment

If you’re a first-time home buyer in Georgia looking for an affordable option with potential cost savings, HomePath Homes could be the perfect choice for you. Contact us for more information and properties of the HomePath mortgage.