Home Path financing Update: Fannie Mae Offers New Closing Cost Assistance and Appliance Incentive for Homebuyers…

Fannie Mae is offering a 3.5% incentive for buyers who purchase and close on a Fannie Mae-owned home between January 28 and April 30, 2010. Buyers purchasing properties owned by Fannie Mae that are closed within this period may receive up to 3.5% of the final sales price for:

• Closing costs;

• The purchase of new Whirlpool® appliances by Fannie Mae; or

• A mix of closing costs and appliances, at the buyer’s discretion, up to the maximum 3.5%.

To be eligible for this incentive:

• Offers must be accepted on or after January 28, 2010;

• Property sales must close before May 1, 2010, and;

• Buyers must be owner-occupants (investors are excluded).

The incentive reinforces the organization’s commitment to stabilizing communities and assisting buyers

If you’re interested in a Home Path Fannie Mae mortgage and you want the best chance of being approved possible, call or send me an email with some of the specifics of your situation. I work for Vintage Mortgage Group. We are aligned with multiple banks offering the best pricing.

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