Did you know that through June 30th, 2011 Fannie Mae is offering buyers up to 3.5% in closing cost assistance!

Saturday, May 7, 2011 - Article by: Carl Ashton - E Mortgage Management -

Did you know that E Mortgage Management is a designation lender for HomePath? What does this mean? It means we can close loans much quicker than the competition. Our average turn time from initial underwrite to funding is less than 20 days whereas our competitors take anywhere from 70-90 days.

How can this be? Glad you asked. Its because we underwrite these loans at E Mortgage Management. We don't rely on another lender to give us approval. We are designated to offer this product.

Did you know that you do not order an appraisal for HomePath? (Savings up to 550.00) Did you know that you do not need MI for Homepath?

Another great savings for your borrower. Oh, did I mention that HomePath is also giving your borrower an incentive to close on HomePath? Yes, they are offering 3.5% toward their closing cost. AWESOME!!!

Qualifications:

? Minimum of 620 score for up to 80% LTV

? Minimum of 660 score for up to 97% LTV

? Condo's are OK as long they are FNMA Warrantable (some restrictions may apply)

? DU - Approve/Eligible

? Max 50% DTI

? NO MI

? NO APPRAISAL

? Credit determined by DU

Please call us at 239-580-9977 or 561-210-3000

or email [email protected]

Please visit www.premierhomesstore.com for more info!