Cure Your Home Buyer's Blues! Take a Heapin' Helpin' of Fannie Mae's HomePath Home Buying Incentives Today!

Reblogger Karen Cooper
Mortgage and Lending with Karen Cooper | Sr Retail Loan Originator ! NMLS # 223305 | 360 Mortgage Group LLC Austin Texas NMLS 223305

This is a great program Gene Mundt from Chicago Bancorp in Illinois talks about for home buyers planning to purchase a Fannie Mae owned foreclosure home to live in. There were some great comments on Gene's post, too, discussing the need for home buyers to prepare for ALL costs associated with buying a foreclosure home. Since banks don't disclose the condition of the home, buyers MUST beware!!!!


Cure your Home Buyer's Blues!

Get a heapin' helpin' of HomePath INCENTIVES ... Call Me NOW!


FannieMae just announced that they're providing a major "dose" of incentives to cure home buyer's blues.  Incentives that can mean up to a 35% increase in a home buyer's closGene Mundt Chicago Bancorp New HomePath Incentives bloging credit!  

To help more buyers purchase a home, FannieMae is offering up to 3.5% in Closing Costs assistance to those purchasing HomePath properties. This heapin' helpin' of assistance is available starting June 14th and runs through October 31st, 2011.

Exciting, right?

Who ... and exactly what properties ... are eligibile??   Here are the details:


•   Buyers must be owner occupants of the purchased property (meaning the property will serve as their primary residence).

•   Buyers are required to sign an  Owner Occupant Certification Rider to the Purchase Addendum  with all initial offer submissions

•   Initial offers must be submitted on/after June 14th, 2011.

•   Sale MUST CLOSE on or before October 31st, 2011.

•   Other restrictions apply.  More info about this offer can be obtained on, under the Special Offers tab.  Terms and conditions are explained there as well. 

There are even incentives being offered for your sales agent ($1,200).  FannieMae is really serious about helping to "cure" your home buying blues, getting you in a new home ... and helping our ailing U.S. housing market!

I am a HomePath lender.  Contact me for further information regarding this new beneficial home buying program and to find out what properties are eligible for this assistance.  Gene Mundt Chicago Bancorp New HomePath Incentives blog

                Act Now by contacting me at:

Direct #: 815.277.4036     Cell/Text: 708.921.6331


Skype: 630.219.1316     Website:

For a:   No Cost No Obligation Mortgage Consultation



Gene Mundt Chicago Bancorp Facebook link logo           Gene Mundt Chicago Bancorp LinkedIn link logo           Gene Mundt Chicago Bancorp AR Google link logo           Gene Mundt Chicago Bancorp AR Twitter logo link   

Personal NMLS #216987

     Chicago Bancorp NMLS # 63483      

     Chicago Bancorp official logo        Equal Housing Opportunity Lender logo


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At

Spam prevention
Show All Comments
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

This is a good post to reblog.I hope more buyers and agents will read it.

Jun 14, 2011 10:58 PM #1
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Thanks for the re-blog Karen!  It's a great program, now with incentives to boot!  As Gita above says, I hope many read the info and get buying!!  


Jun 15, 2011 09:00 AM #2
Krista Laulainen
Realty Trust Group - Portland, OR
Portland - Homes & Real Estate for Sale

At least some one is doing something about DPA.

Jul 12, 2011 07:32 AM #3
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Karen Cooper

Helping Homeowners w/Home Loans in 23 US States
Ask me a question
Spam prevention

Additional Information