If you are at all familiar with the Fannie Mae Homepath program, you'll know that it is already a great opportunity. The largest benefit I believe is the lack of Mortgage Insurance, even if you do not have 20% down!!! This can mean the difference between home ownership or not for many.
Fannie Mae just announced that they are offering up an additional incentive.
Here are the details:
Fannie Mae is offering buyers up to 3.5% in closing cost assistance on a HomePath® properties. To be eligible for this incentive:
The incentive reinforces Fannie Mae's commitment to stabilizing communities and assisting buyers. For more information about the incentive, visit HomePath.com
Call or email for more information...EVEN if you are not in my local area, I can refer you to a highly qualified Realtor in your area.
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