HomePath.com
By Fannie Mae
Closing Cost Assistance and Appliance Incentive Extended for Fannie Mae Homes
Fannie Mae is offering a 3.5% incentive* for buyers who purchase and close on a Fannie Mae-owned home by June 30, 2010. Buyers purchasing properties listed on this site that are closed within this period may receive up to 3.5% of the final sales price for:
• Closing costs;
• The purchase of new Whirlpool® appliances by Fannie Mae; or
• A mix of closing costs and appliances, at the buyer’s discretion, up to the maximum 3.5%.
To be eligible for this incentive:
• Property sales must close by June 30, 2010
• Buyers must be owner-occupants, investors are excluded
*Lenders may impose their own limitations on the use of the 3.5% incentive, so buyers should consult their lenders for guidance.