Fannie Mae Offers New Incentive -- Up to 3.5% Home-Buyer Assistance and $1,500 Selling Agent Bonus

Posted 09/24/2010 by Anonymous

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Want to learn more about the home buying process? Visit and check out the Buyers Guide for a Fannie Mae-owned home today!
Up to 3.5% HomePath Buyer Incentive and $1,500 Selling Agent Bonus on HomePath Properties
Fannie Mae is offering buyers up to 3.5% in closing cost assistance and a $1,500 selling agent bonus on HomePath® properties. To be eligible for this incentive:
  • Initial offers must be accepted on or after September 23, 2010;
  • Property sales must close on or before December 31, 2010, and close within 60 days of offer acceptance;
  • Buyers must be owner-occupants and confirm that the property will be used as their primary residence by completing a certification form (investors are excluded); and
  • Selling agents must represent owner-occupant buyers purchasing a HomePath property to receive the $1,500 bonus and offers must be submitted on or after the effective date.
The incentive reinforces Fannie Mae's commitment to stabilizing communities and assisting buyers. For more information about the incentive, visit, read the press release, or contact a Fannie Mae listing broker.

Embrace Home Loans HomePath Mortgage

Embrace the Benefits of HomePath® MortgageHomePath® by Fannie Mae is opening new doors for homebuyers around the country. That's because HomePath® Mortgage lets homebuyers purchase affordable Fannie Mae-owned properties with flexible mortgage terms. Making now a great time to be searching for a new home! Consider the unique benefits of HomePath® Mortgage:
  • Low down payment
  • Flexible mortgage terms (fixed-rate, adjustable-rate or interest-only)
  • You may qualify even if your credit is less than perfect
  • Available to both owner occupiers and investors
  • Down payment (at least 3%) can be funded by your own savings; a gift; a grant; or a loan from a nonprofit organization, state or local government, or employer
  • No mortgage insurance*
  • No appraisal fees
HomePath® Mortgage is perfect for anyone who is thinking of buying a home. Whether you're a first-time homebuyer searching for your "forever home," or an experienced investor with a portfolio of investment properties. Call the Embrace Home Loans HomePath® Hotline right now at 800-331-2099. A friendly Mortgage Specialist is waiting to take your call and walk you through the process of buying a home with HomePath® Mortgage. *Ask your Mortgage Specialist about cost details on loans without mortgage insurance. HomePath® is a registered trademark of Fannie Mae.

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