WOW!!! Excellent value lies in this raised ranch property in Lilymoore of McHenry! Enjoy the open floor plan w/ vaulted ceilings as soon as you walk up the stairs. The wood burning fireplace adds a nice touch in the living room as you relax & unwind after a long day. If you'd rather be downstairs there's an additional fireplace in the family room as well. Enjoy the luxury of a master suite with a walk-in closet and private bathroom to escape the kids or guests as well. Fannie Mae Homepath Property. Purchase this home with as little as 5% down!For the homebuyer or investor HomePath Financing/HomePath Renovation Financing could be just what you need to get into a property:Benefits include:• Low down payment and flexible mortgage terms (fixed-rate and adjustable)• Borrowers may qualify even if their credit is less than perfect• Available for owner-occupied second homes and investment properties• Single-family homes condos duplexes and 4-plexes are eligible• Properties available all over the country• Down payment can be funded by borrower's savings gift or grant or loan from a non-profit organization state or local government or employerOwner Occupied• 3% Down Payment• No mortgage insurance (upfront or monthly)• No appraisal/fee• Maximum seller contribution is 6% Non-owner Occupied• 10% Down Payment• No mortgage insurance• No appraisal/fee• Maximum seller contribution is 2% • HomePath allows investors to finance up to 10 properties including their primary residence.
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