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


About lizschneider66

Mortgage consultant with over 19 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. I am Vice President of the North Coast Building Industry Association, Lorain County Association of Realtors, Working Women Connection and Womens Council of Realtors.
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