Local Realtors®

( Hablamos Español )

Buying or Selling? Call us today for expert assistance!

HomePath Program and Homes For Sale

If you are interested in purchasing a foreclosure, HomePath might just be the right program for you. HomePath is Fannie Mae REO brand. HomePath bundles many incentives for home buyers interested in purchasing a Fannie Mae REO. In general, most foreclosure and REOs are purchased with cash or conventional loans (20% down) because they need repairs and are sold as is. HomePath is different. A home buyer using HomePath can purchase a Fannie Mae foreclosure in the Charlotte NC real estate market with only 3% down and no PMI (private mortgage insurance usually added to monthly mortgage payments if a property is purchased with less than 20% down). Many HomePath properties also offer FHA financing. Often times, as it is currently the case until October 31th, 2011, HomePath offers to contribute to a home buyer’s closing costs up to 3.5% of the purchase price. Many Fannie Mae foreclosures are in excellent condition (still need to have a home inspection done to be on the safe side). Most HomePath properties are sold “as is”. No appraisal is required with using HomePath financing (3% down). In addition, HomePath Renovation Mortgage allows a home buyer to purchase a Fannie Mae property that requires light to moderate renovation. The loan amount would include both the funds for the purchase and the renovation (renovation costs must not exceed 35% of the “as completed value” and no more than $35,000).

Of course, one of the predominant advantages of buying a HomePath properties is that they are sold far below fair market value. To take advantage of the HomePath program, home buyers must purchase a Fannie Mae foreclosure and occupy the property has their primary residence for a period of a least one year. For me details about this program, please call us at (704) 322-3710. Click here to view all the HomePath homes for sale in the greater Charlotte real estate market.


Down Payment Assistance Programs & Grants


Would you like to find out if you qualify for the purchase of a home? A down payment assistance? Are you interested in having Cornerstone Realty help you to sell your home? Call us today or fill out the form below and we will contact you as soon as possible.

Mortgage Center

We have included below a few tools to help you determine your mortgage payments, closing costs and an estimator of how much you could afford based on your income. To get pre-approved for the purchase of a home, give us a call today or fill out an online inquiry from our website and we will contact you with 24 hours of your submission.


Start today with your pre-approval process. It's easy - simply provide your information below and will contact you and email you the contact information of one of Charlotte's best lenders.

About Us

This Charlotte real estate website provides search tools, information and market news for home buyers and sellers. All the properties displayed on this website are generated automatically from the Carolina MLS and are updated daily.

The down payment assistance programs discussed in this website are based on a 30-year fixed loan. Interest rate is the current market rate.

If you have questions, please contact us today. Your inquiry will be answered by a Realtor® licensed to practice real estate.

Contact Information

Office: (704) 837-4672
Email: info@nc-homeownership.com
Address: 317 Matthews Mint Hill Road, Suite 201 Matthews, NC 28105

Mon-Fri: 9am to 6pm EST
Sat & Sun: By appointment only

Charlotte Real Estate website – We provide Real Estate services to home buyers and home sellers in Mecklenburg, Union, Gaston, Cabarrus and Stanly Counties.

Website Design & SEO by Marketing Elements Inc