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The HomePath Mortgage allows you to purchase a Fannie Mae-owned property with a low down payment, flexible mortgage terms, no lender-requested appraisal, and no mortgage insurance.  View the other HomePath benefits here.

Most people find purchasing a home to be a somewhat stressful event.  When asked, a common response to what the stressful part was often gets answered with; "understanding finance options and picking the one best suited for their needs."  It's important to remember, lending is a business and lenders are in the business of making money.  How they make their money is loaning or brokering money, and getting paid interest or brokerage fees on the loan.  As far as how much they make, in part, depends on federal and state laws.