Submitted by Deanna Thompson on Sun, 11/14/2010 - 19:15
Yes. The HomePath financing program will do 10% down for investors in Arizona for Fannie Mae Foreclosures
The other benefits to this program are:
- NO appraisal
- NO Upfront or monthly mortgage insurance.
- Interested parties, such as the seller, can pay up to 2% of buyers closing costs and prepaids
- Flexible loan terms and very competitive low investor rates available.
You can go to www.homepath.com to see properties available in Arizona on this program.
Sun Nations Mortgage, Inc is approved to do this phoenix home loan program.
You can call 602 993-0000 or apply online.