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Company Loan Type APR Est. Pmt.

HOMEPATH ELIGABILITY

Posted on: 28th Jun, 2012 11:10 am
I JUST GOT APPROVED FOR A 10,000 DOLLAR CAR LOAN.DUE TO MY OLD ONE DIED I HAD NO CHOICE. CAN I STILL GET APPROVED BY HOMEPATH?
Hi HOLLY,

In order to qualify for a Homepath loan, you will have to purchase a Fannie Mae owned property. You will have to contact the local lenders and apply for Homepath loan. The lender will check your financial situation and will let you know whether or not you will be able to qualify for the loan.

Thanks
Posted on: 28th Jun, 2012 08:12 pm
Hello Holly,

However, the lender cannot demand the deficient amount if your mortgage loan is a non-recourse one. The borrower is also not responsible for the deficient amount if he belongs to a state where anti-deficiency laws are practiced.

:idea:
Posted on: 28th Jun, 2012 10:05 pm
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