Archive for April 2011

Update!! Homepath Buyers Incentive

HomePath® Buyer Incentive

Fannie Mae is currently offering buyers up to 3.5% in closing cost assistance through June 30, 2011.

The HomePath property buyer must meet the following qualifications to be eligible:
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Fannie Mae Homepath Financing Program

HomePath Mortgage allows a borrower to purchase a Fannie Mae-owned property with a low down payment, flexible mortgage terms, no lender-requested appraisal and no mortgage insurance. Expanded seller contributions to closing costs are allowed.

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HUD approved Condominium lookup

If you’re looking in to purchasing a condominium or townhome using FHA as a loan product, be sure to make sure the property you are wanting to purchase is HUD approved.  To verify a property is HUD approved visit this site and enter the required information.

 https://entp.hud.gov/idapp/html/condlook.cfm

For information on Condominiums and Townhomes available in the South Bend or Notre Dame area visit www.ND-Condos.com.

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