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Channel: A Blog Pertaining to the Acquisition of a Mortgage to Purchase a Domicile
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3% down and no PMI

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Yes, you read that correctly. Conventional loan, 3% down, no private mortgage insurance, and to top it off… no appraisal required! The program is known as HomePath Mortgage by Fannie Mae and is available to borrowers looking for a primary residence OR an investment property. Investors using the HomePath Mortgage program need a 15% down [...]

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