Fannie Mae Pays up to 3%
Fannie Mae announces a new program that first-time home buyers could receive up to 3% of the purchase price in closing cost assistance.
Summary of requirements for eligible buyers:
- Must be a Homepath property
- Eligible buyers must complete an online home buyers education course and receive certificate of completion
- First-time home buyer cannot have owned property in the past three years and plan on reside in the property as the primary residence
- Make request for closing cost assistance at the initial offer.
Gett all the details about this program / Learn more on Fannie Mae’s site: https://www.homepath.com/ready_buyer.html