Fannie Mae Closing Cost Assistance & Appliance Incentive

Fannie Mae Offers New Closing Cost Assistance and Appliance Incentive for Homebuyers

Fannie Mae is offering a 3.5% incentive for buyers who purchase and close on a Fannie Mae-owned home between January 28 and April 30, 2010. Buyers purchasing properties listed on HomePath.com that are closed within this period may receive up to 3.5% of the final sales price for:

· Closing costs;

· The purchase of new Whirlpool® appliances by Fannie Mae; or

· A mix of closing costs and appliances, at the buyer’s discretion, up to the maximum 3.5%.

To be eligible for this incentive:

· Offers must be accepted on or after January 28, 2010;

· Property sales must close before May 1, 2010

· Buyers cannot be investors and must be owner-occupants

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