Reverse Mortgages Will Help 62 and Older Stay in Home Create Cash Flow

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

Reverse Mortgages Will Help 62 and Older Stay in Home Create Cash Flow

Fannie Mae Extends Closing Costs Offer Realtor Bonus!

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