HomePath Mortgage Loans with Space Coast Credit Union
HomePath® mortgage loans are available for borrowers interested in purchasing Fannie Mae-owned properties.
HomePath mortgage loans are only available through approved lenders such as Space Coast Credit Union. HomePath mortgage loans are available for Fannie Mae owned and eligible properties only. HomePath mortgage loans are available with fixed or adjustable rate terms for purchases of primary residences, second homes, or investment properties under $417,000.
The benefits of a HomePath mortgage loan include:
- 3% down payment
- No lender-requested appraisal
- No private mortgage insurance ¹
- Low credit union rates and our exclusive interest rate guarantee²
To search for homes available for HomePath financing, visit www.homepath.com.
There are two easy ways to apply for a HomePath mortgage loan with SCCU:
- Apply Online 24 hours a day, 7 days a week
- Call our Express Sales Center to speak to a Mortgage Representative
Already working with a REALTOR®?
Not all lenders are approved to offer HomePath financing. Be sure to tell your REALTOR that you want to finance with Space Coast Credit Union. SCCU will obtain your REALTOR's name and contact information when you apply and will communicate with your REALTOR as needed throughout the buying process.
For more information about HomePath properties offered by Fannie Mae, visit www.homepath.com.
HomePath is a registered trademark of Fannie Mae. Mortgage loans are originated by Space Coast Credit Union, and are subject to credit approval. Mortgage loan programs constitute first mortgage liens secured by the home and property. Space Coast Credit Union does not offer HomePath Renovation Mortgage loans.
¹ Ask your SCCU Mortgage Representative for cost details on loans without mortgage insurance.
² If your SCCU quoted rate is lower at 12:00pm five days prior to closing and the interest rate lock-in has not expired, SCCU will reduce your rate to the lower rate automatically. Rate guarantee is void if there is a change in property, loan program, loan term, or adjustments to interest rate based on credit score. Other conditions apply, contact SCCU for details.