Fannie Mae has announced the discontinuance of the HomePath and - TopicsExpress

Fannie Mae has announced the discontinuance of the HomePath and HomePath Renovation products. After Oct. 6th, FNMA owned properties must use other financing options. If a renovation product is requested, it must follow either the HomeStyles Renovation or FHA 203(k) program guidelines. Fannie Mae Homestyle and FHA 203(k) reno loans have always been more broadly accepted and applicable programs and are here to stay. While this is a loss, the demand for renovation lending remains strong and all the necessary products are still available to solve your home mortgage needs.

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