⚠ Program Ended October 2014: Fannie Mae retired the HomePath Mortgage program in October 2014. If you found this page searching for HomePath, read on to learn what replaced it — there are several strong low-down-payment programs available today for buying homes in Washington State.
Fannie Mae’s HomePath Mortgage was one of the most popular low-down-payment programs of its era. From its launch through October 2014, it offered buyers a way to purchase Fannie Mae-owned foreclosures with reduced down payments, no appraisal requirement, and no private mortgage insurance — a genuinely attractive combination that many Washington State buyers took advantage of.
When the program ended, I had helped many homebuyers use HomePath successfully. The good news is that the programs that replaced it are in many ways better and more broadly available — you no longer need to limit your home search to Fannie Mae-owned foreclosures to get similar benefits. [Read more…]
