Your Boise mortgage resource for first time home buyers.
Guild Mortgage of Boise Idaho announces “Home Path”. Another great Boise home loan financing program.
Home Path targets Fannie Mae (FNMA) REO properties. It allows Idaho home buyers a great opportunity to purchase the home of their dreams. A few of the high lights are
- Only 3% down payment which can be gifted or granted
- NO Mortgage Insurance is required-this part is great! Mortgage insurance usually runs from $50-$200 per month.
- NO Appraisal-the purchase price will be determined by the real estate contract that is negotiated between the buyer and the FNMA representative.
- Only 10% down for an investment properties with 1 to 2 units. Again no MI!
- 30 year fixed financing
- Credit Score needs to be above 660
LIST OF ADA COUNTY HOME PATH PROPERTY LISTINGS
Boise Idaho home buyers interested in prequalitication for HomePath financing –
please contact Craig Ballhagen-713-3309
Boise Home Buyers link to Home Path Buyers Guide
Boise Realtors- here is the link to the Home Path addendum and HomePath program guidelines
Here is the link to check to see if a property qualifies. www.HomePath.com
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Guild Mortgage – Boise Home loans – Craig Ballhagen 208-713-3309
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