fannie mae: Limited time only: Fannie Mae to help cover closing costs Assistance
- 02/19/14 11:40 PM
Fannie Mae is offering more incentive to owner occupants, that is non-investor purchasers of new homes, by helping to cover the closing costs in some states. The offer is only available to FirstLook homes. That's Fannie's program where homebuyers get to buy homes without competition from investors. The home can be purchased via Fannie Mae's HomePath website which features foreclosed homes from the portfolio of the government-sponsored enterprise. Fannie Mae recently announced the extension of the FirstLook period from fifteen days to twenty days. “This incentive will provide more opportunities for families to find a property to call home,” said Jay Ryan, (0 comments)
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