Mortgage News

Fannie Mae Extends Closing Costs Offer Realtor Bonus!

April 7th, 2014 2:22 PM by Anne James


Fannie Mae is offering up to a 3.5% incentive for owner-occupant buyers who request the incentive at their initial offer during the First Look period, purchase a HomePath property in select states on or before April 30 and close on or before June 30, 2014.*

To be eligible for this incentive:

  • All actively listed properties in select states** are eligible.
  • Buyers or their agents must request closing cost assistance at initial offer.
  • Initial offers must be submitted on or after February 14, 2014, but not later than April 30, 2014.
  • Property sales must close on or before June 30, 2014.
  • Buyers must reside in the home as their primary residence or be a public entity — auction, pool and investor sales are excluded.
Posted in:General
Posted by Anne James on April 7th, 2014 2:22 PM

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