Fannie Mae offers 3.5% Buyer Assistance on HomePath Properties
This is directly from Fannie Mae’s email announcement:
Fannie Mae wants to help more buyers afford to purchase their new home. That is why we are offering up to 3.5% in closing cost assistance for HomePath® properties beginning April 11 through June 30, 2011.
- Initial offers must be submitted on or after April 11, 2011.
- Buyers must be owner occupants (i.e., the home will be their primary residence), and buyers are required to sign an Owner Occupant Certification Rider to the Purchase Addendum with all initial offer submissions.
- Sale must close on or before June 30, 2011.
- Other restrictions apply. For more information about the offer including the terms and conditions, visit the Special Offers tab at HomePath.com.
Search HomePath.com today for the most updated list of properties. And remember, all owner occupants enjoy a 15-day preview of all HomePath properties — without competition from investors — through Fannie Mae’s FirstLookTM period.