Wednesday, April 1, 2009

Understand Express Path Financing

Express Path Financing

Anybody who wants an REO property should know Express Path financing details. This is because you can get a really excellent home financing mortgage if you qualify for express path financing. Here is how it works...

This is a very special kind of a mortgage that only applies on the buying of a Fannie Mae REO property. Here are some of the benefits you can get as long as you meet all the requirements to qualify:

  1. A down payment that is very low
  2. terms of 15 or 30 years
  3. mortgage insurance being waived
  4. low interest rates
If they are correctly coded, even manufactured homes can be eligible for express path financing.

For more information go to: express path financing info and see for yourself.