Mortgage News

Fannie Mae Offering 3.5% Closing Costs to Buyers, $1,500 to Realtors!

February 18th, 2014 3:08 PM by Anne James

Closing cost assistance is available for your buyers. Act now...offer ends soon!

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 March 31 and close on or before May 31, 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 March 31, 2014.
  • Property sales must close on or before May 31, 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 February 18th, 2014 3:08 PM

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