Wednesday, May 19, 2010

Visit to shop Dallas-Fort Worth foreclosures and get special financing for both owner-occupants and investors.

Fannie Mae provides a search site for homes pre-qualified for their Homepath Mortgage and possible financing of the renovations for owner-occupants and real estate investors. Here are some of the highlights:
  • Low interest rates for fixed-rate, adjustable-rate, and interest only loans.
  • 3% down payment, and can be borrowed money.
  • No appraisal fees.
  • No mortgage insurance (higher rates).
  • Companion Homestyle Renovation Mortgage product for investors.
Start searching Dallas-Fort Worth area foreclosures now at Troy Corman, a Dallas realtor and investor, who has bought and rehabbed numerous Dallas foreclosures, can help you avoid mistakes.

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