HomePath Buyer incentive announced- Bay Area and Central Valley Homepath Loans

HomePath Buyer incentive announced- Bay Area and Central Valley Homepath Loans

As the housing market continues to lag in sales in some areas, Fannie Mae is laying the groundwork to entice buyers by announcing it will offer up to 3.5% in closing cost assistance on Fannie Mae-owned HomePath properties.

To qualify, the buyer’s initial offering on the HomePath property must be submitted on or after April 11 and the sale must close by June 30.

The buyers must use the home as a primary residence since sales to investors are not included in the offering.

Interest rates remain low across the Bay Area and Central Valley. The 3.5% towards closing costs will help many more families realize home ownership this Spring. For more details and a free pre approval message me below so we can get started!

Subscribe to our daily mortgage market emails.

Have a Question?

Legal Disclaimer
Or give us a call
925-484-5363