What’s the difference between Fannie Mae Homepath and Freddie Mac Homesteps? Washington state, I’m happy to help you. Fannie Mae and Freddie Mac both offer special incentives to entice buyers to properties they have foreclosed on. Fannie Mae’s program is called Fannie mae investment property guidelines 2017 and Freddie Mac’s is Homesteps.
Although the names some similar, their incentives are VERY different. Fannie Mae’s Homepath program is only available for homes identified on their website www. As of the publishing of the post, the Fannie’s Homepath site reports their are 175 homes listed in the greater Seattle area alone. NOTE: you can do other types of financing with a Homepath property, however you will not receive the above listed benefits. Click here for a rate quote for a Fannie Mae Homepath mortgage on homes located anywhere in Washington. Freddie Mac’s Homesteps offering is not a special mortgage program.
It’s essentially a seller concession on homes owned by Freddie Mac. Homesteps properties are located at www. 48 homes in Seattle that qualify for Freddie Mac’s Homesteps. If you’re considering buying a home located any where in Washington, where I’m licensed to originate mortgages, I am happy to help you! NOTE: incentives offered on this post were as of February 11, 2012 and have changed. This is an updated post from February last year. Notify me of followup comments via e-mail.
You can also subscribe without commenting. Notify me of follow-up comments by email. Notify me of new posts by email. Rhonda Porter is a Licensed Mortgage Originator MLO121324 living in the greater Seattle area. Rhonda began her career in 1986 in the title and escrow industry and joined Mortgage Master Service Corporation as a Loan Officer in 2000 and began blogging in 2006. How Much Info can my Mortgage Orignator Share with my Real Estate Agent?
Linda: Our mortgage broker is telling all our information to our real estate agent instead of coming to us. Sorry, your blog cannot share posts by email. What’s the difference between Fannie Mae Homepath and Freddie Mac Homesteps? Washington state, I’m happy to help you. Fannie Mae and Freddie Mac both offer special incentives to entice buyers to properties they have foreclosed on.