A HomePath Mortgage allows a borrower to purchase a Fannie Mae-owned property with a low down payment, flexible mortgage terms, no lender-requested appraisal, and no mortgage insurance. Expanded seller contributions to closing costs are allowed.

  • Purchase a new home with a low down payment
  • Choose from a fixed-rate or adjustable-rate mortgage
  • Available for primary residences, second homes, and investment properties2
  • Down payment can be funded as a gift, a grant, or a loan from a nonprofit organization, state or local government or employer

A Flagstar Bank lending expert can help you select the right loan and terms for your situation. Call a mortgage specialist at (855) 372-5626.

1Ask us about cost details on loans without mortgage insurance.
2Geographic and unit restrictions apply. The property must be designated on www.HomePath.com as eligible for HomePath financing. Programs available only to qualified borrowers. Programs subject to change without notice. Underwriting terms and conditions apply. Some restrictions may apply. HomePath is a registered trademark of Fannie Mae.