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

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

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

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

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

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