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 Search for: Need Help on Fannie Mae HomePath Program..
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peter

6465 Posts

Posted - 07/03/2009 :  08:55:14 AM

Aside from Flagtar, Home Savings of America and Nationstar Wholesale,
are there any more lenders that offer the HomePath Renovation Financing
Program on the wholesale side?

I have a buyer who made an offer on a house in Riverside, CA and
this property is eligible for HomePath renovation financing. I need
help in getting to know the details of how the HomePath renovation
program works.

Anyone knows or has the experience in doing it? Thank you.

Peter
broker3271

418 Posts

Posted - 07/03/2009 :  09:33:14 AM
Where have you looked?
peter

6465 Posts

Posted - 07/03/2009 :  09:40:52 AM

I have looked all over but have not found any other lender.

1) Home Savings no longer offers this HomePath.

2) Flagstar does not accept any new broker and I am not yet
approved with them.

3) NationStar was listed unfavorably by Lender Implode and
I fear for my HomePath purchase loan might not be funded.

Anyone knows of other HomePath lenders who do wholesale, not
retail?

Peter
just in kase

1512 Posts

Posted - 07/03/2009 :  11:05:40 AM
i am approved with Flagstar. however with Flagstar you need to have seperate approval for the Renovation loans....... conumdrum?
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