This special financing is available on Fannie Mae homes with the following logo:

The benefits include:

• Low down payment and flexible mortgage terms (fixed-rate, adjustable-rate, or interest-only)

• You may qualify even if your credit is less than perfect

• Available to both owner occupiers and investors

• Down payment (at least 3 percent) can be funded by your own savings; a gift; a grant; or a loan from a nonprofit organization, state or local government, or employer

• No mortgage insurance*

• No appraisal fees

• Also eligible for HomePath Renovation Mortgage (see details below)