Wednesday, June 22, 2011

Fannie Mae is Paying Closing Costs Again, and Giving Agents a $1,200 Bonus

Fannie Mae is trying to sell houses again, and they're making it easier for buyers and for real estate agents.

If you submit an offer for a Fannie Mae HomePath property and close by October 31, 2011, Fannie Mae will pay up to 3.5% of the purchase price towards the Buyer's closing costs, which should be enough to cover them all.

They will also pay the selling real estate agent a $1200 bonus.

HomePath properties are pretty good deals. Here's why:

• No appraisal is necessary
• There is only a 3% down payment
• There is no mortgage insurance

Find HomePath properties at this web site:

We have provided the financing for a number of HomePath properties. Call us with any questions you might have.

Getting a loan approved is easy - if you know what to do. The Mortgage Experts know what to do!!!

Make sure you check out our web site:

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