602 Stevenson St, Marengo, IL 60152

SIZEABLE RANCH CLOSE TO DOWNTOWN MARENGO! This 1428 square foot home sits on a quaintly wooded lot just off of 176 in Marengo. All flooring and paint have been replaced! With 2 bedrooms 1 full bath and an oversized attached 1 garage this is a perfect first-time buyer opportunity! There's plenty of storage in the kitchen and a spacious dining area as well. This is a FannieMae HomePath Property. The property is approved for HomePath and HomePath Renovation Financing.For the homebuyer or investor HomePath Financing or 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.