Carl Arakawa » Uncategorized http://carlarakawa.com RE Loan Officer Thu, 01 Mar 2012 07:46:17 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Fannie Mae Homepath Financing http://carlarakawa.com/2012/03/fannie-mae-homepath-financing/ http://carlarakawa.com/2012/03/fannie-mae-homepath-financing/#comments Thu, 01 Mar 2012 06:36:14 +0000 Carl Arakawa http://carlarakawa.com/?p=50

Fannie Mae Homepath financing is one of the best ways to purchase a condominium in Las Vegas. Most Las Vegas condominiums will have one of the following problems:

  1. More than 50% renters
  2. More than 15% home owner association dues are deliquent
  3. Condominium is currently in litigation

Fannie Mae Homepath financing is “Special Financing” and does not require any condominium documentation. There is no appraisal or mortgage insurance.

A primary residence can be purchased with a 3% down payment. An investor can purchase with 10% down payment.

Fannie Mae HomePath condominiums, townhomes and single family residences can be found at: www.firstcalnet\arakawa  (click on the link located in the top left side of the menu bar)

For more information, please call me at 702-277-4507

Carl Arakawa

 

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