Fannie Mae HomePath Buyer Incentives

April 21, 2011 | Category: For Buyers | Tags: , , , , , , , ,

Fannie Mae has rolled out their newest incentive for home buyers. We’ve seen Fannie do this before fannie mae closing costs help reno sparks nvwith up to partial closing costs paid for or bonuses to buyers agents but their new program will really help out home buyers with limited funds. The current program offers home buyers a concession up to 3.5% for closing costs on Fannie Mae owned properties. This should take care of most if not all the closing costs that buyers will see and hopefully leave a little extra in your wallet. There are a few stipulations so check your eligibility below.

  • Concession must be asked for upon offer submission
  • The property must close by June 30, 2011
  • The property must be purchased as a primary residence
  • The buyers must be willing to sign an Owner Occupant Certification
  • The Property must be a Fannie Mae HomePath