There are Fannie Mae foreclosures all over the country, and Prescott AZ real estate is no exception.  We recently received information from one of our local lenders, outlining the main features and benefits of HomePath Mortgages, specifically for purchasing Fannie Mae owned properties.

The main features are: No appraisal required, Low credit score requirements, Available to both owner-occupied and investor buyers, up to 6% interested party contributions, No PMI required (some exceptions), Max LTV up to 97%,  and more.  For more information about buying  Prescott AZ real estate/Fannie Mae properties, please visit http://www.PrescottRealEstateCenter.com  or email me susan@susanriddle.net for some lender referrals in the Prescott AZ area.