For Investors

Whether you're looking to purchase your first rental property or you're an experienced investor, a Fannie Mae-owned home can be a good investment opportunity. We have all types of homes available… from those needing light or moderate renovations to fixer-uppers. And we have different ways to purchase… start searching for your next investment today.


Auction Sales

If a HomePath property does not sell through traditional marketing efforts, Fannie Mae may remove the home from our retail inventory and sell via auction. We utilize multiple auction platforms (ballroom, onsite, online) so that we can reach the largest, most targeted audience possible.

These events are conducted by third-party auction companies and are held at various times and locations throughout the country.

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Structured Sales

Fannie Mae implemented a structured sales program that involved significant sales of real estate assets in the form of a pool sale and joint venture transaction. Sales of equity interests were limited to qualified investors.

See the structured sale historical data here.

Investor Financing

For investors who have more than four existing financed properties and wish to purchase a HomePath property, financing flexibilities to allow a lower down payment and higher LTV ratio than typically permitted for such borrowers may be available. These flexibilities apply toward financing certain HomePath properties (Fannie Mae-owned property) only. Consult your lender for details.

These lenders offer expanded HomePath financing for investors.

  • Prospect Mortgage, LLC
    Note: This lender offers HPM for up to 20 financed properties and to the LLC borrower

Properties with the HomePath Mortgage logo are eligible for special financing.

Benefits to you, the investor:

  • Up to 20 financed 1- to 4-unit properties
  • Individual and LLC borrowers eligible
  • Loan to value max 70%
  • No lender-requested appraisal
  • Flexible mortgage terms (fixed-rate, adjustable rate)

Note: Potential buyers should use the lender and financing product that best meets the needs of the buyer and the property, and should always consider requesting a home inspection of the property.

Online Offers Close
After March 5, 2013, all counter offers must be submitted on the Online Offers system on the site. This applies to both counter offers submitted by Fannie Mae listing agents and counters submitted on behalf of the buyer by buyer's agents.

Please refer to for instructions on how to submit the counter through the Online Offers system. You can also call 1-866-218- 4446 for assistance.

Report Mortgage Fraud

Report possible fraud directly to Fannie Mae at You may also call our Fraud Tips Hotline at 1-800-7FANNIE (1-800-732-6643) to report possible fraud or if you have other concerns relating to a Fannie Mae-owned property.