Wednesday, June 15, 2011

Fannie Mae Extends - 3.5% Credit for Closing cost thru 10/31/11

New Buyer Incentive -- Up to 3.5% Buyer Assistance on HomePath Properties

Fannie Mae wants to help more buyers afford to purchase their new home. That's why we are offering up to 3.5% in closing cost assistance for HomePath® properties beginning June 14 through October 31, 2011.

Eligibility Details

Initial offers must be submitted on/after June 14. Buyers must be owner occupants (i.e., the home will be their primary residence).

Buyers are required to sign an Owner Occupant Certification Rider to the Purchase Addendum with all initial offer submissions.

Sale must close on/before October 31.

Other restrictions apply. For more information about the offer, including the terms and conditions, visit the Special Offers tab on

Selling Agent Bonus:

There will be a $1,200 bonus available for selling agents whose buyers purchase and close on a HomePath property by October 31. View the flyer for details. 

Search 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.

For more information go to