Fannie Mae HomePath properties include single-family homes, condos and townhouses. The property could be in move-in ready condition, but more likely, it’ll need either some or extensive repairs.

help determine whether it is the appropriate time to become a homeowner and educate the borrower on the home-buying process and responsibilities of homeownership,” Fannie Mae stated. Fannie Mae ...

“Purchasing your first home can be an overwhelming process,” said Jay Ryan, Fannie Mae’s vice president of REO sales. “We developed the HomePath Ready Buyer program to provide first-time ...

Fannie Mae’s Home Ready program is targeted at borrowers with low-to-moderate income levels that have limited cash to make a down payment. Qualified applicants can have a FICO score as low as ...