Skip to main content

Kinecta Offering HomePath Mortgages With New Incentives

NationalMortgageProfessional.com
Jun 28, 2011

Kinecta Federal Credit Union has announced that it is now providing its brokers and business partners with HomePath mortgages from Fannie Mae that include additional incentives. HomePath is a Fannie Mae product that offers special financing terms for the purchase of select Fannie Mae-owned properties across the nation. Only a few lenders in the U.S. are approved by Fannie Mae to provide HomePath mortgages. As attractive as the HomePath Mortgage terms are, Fannie Mae is also offering additional incentives. A 3.5 percent closing cost incentive and $1,200 bonus to the selling agent is currently being offered. These incentives will be valid from June 14, 2011 through Oct. 31, 2011. "Kinecta is constantly looking for ways to offer more affordable financing options to potential homeowners," said Brian Robinett, senior vice president and chief credit officer with Kinecta Federal Credit Union. "With HomePath, our business partners can offer borrowers special financing terms on single-family homes, condominiums and town houses in a variety of neighborhoods. It's a great option for virtually anyone looking for a home, from first-time homebuyers to experienced investors."
Published
Jun 28, 2011
Top Texas Originator Sees No Surrender To 2023

Big cities will determine the battle

Industry News
Jan 26, 2023
There’s Good & Bad News On The Horizon

There will be a real estate slump, but the big cities are coming out much better

Industry News
Jan 26, 2023
Housing Prices Across Texas Likely Hobbled In 2023

But you’re getting a lot less for $1 million

Industry News
Jan 23, 2023
UWM Adds 'Control Your Price' To 'Game On' Pricing

New program provides 125 basis points in price enhancements for loan orignators.

Industry News
Jan 11, 2023
Rocket Pro TPO Relieves Brokers Of Credit Fee Burden

Will provided free credit reports to brokers if they get their loan closed with the Detroit lender.

Industry News
Jan 10, 2023
Former Employees Sue Rocket Mortgage Over OT Pay

Claim company failed to properly calculate & pay OT for working beyond 40 hours a week.

Operations
Jan 09, 2023