FNMA offers closing cost & appliance incentive

To encourage the sale of REO (real estate owned)  properties, FNMA has announced a 3.5% of the final sale price incentive to buyers of FNMA REO’s for closing costs and/or Whirlpool appliances.

Buyers must have contracts accepted on or after January 28, 2010 & close by May 1, 2010. Must be owner occupied. First Place Bank is a FNMA Homepath approved lender. FNMA Homepath financing is a 3% downpayment, NO PMI & NO appraisal program. Buyer must have 660 minimum credit score.

Go to www.homepath. com to check out listings in your area!

Call 440. 452. 3894 or apply 24/7 at www.firstplacebank.com/lizschneider

Advertisements

About lizschneider66

Mortgage consultant with over 18 years experience. First time buyers, move up buyers, construction, FHA/VA, Jumbo loans, investment property purchases, & refinances- I will find the solution to financing the American dream of homeownership! Subscribe to my blog and never miss any mortgage industry news.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s