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HomePathFannie Mae HomePath Closing Costs Assistance

Fannie Mae HomePath closing costs assistance is an incentive for first time homebuyers.  HomePath is Fannie Mae’s brand of resale homes and many are perfect for the first-time buyer.   The HomePath Ready Buyer Program features a new, online course that first- time buyers can complete.  After successful completion the buyer will be rewarded with 3% closing cost assistance when they purchase a Fannie Mae HomePath home. Their selling agent simply attaches the completion certificate with the offer and requests up to 3% of closing cost assistance!
There are some restrictions:

  • Buyers cannot have owned property in past 3 years (these are first-timers only)!
  • Course has to be completed prior to the initial offer being submitted
  • Owner occupant offers only
  • Closing cost assistance not available on certain types of HomePath properties such as reverse mortgage (HECM) , auction or pool (bulk) sale properties.

Any further updates will be posted on our Fannie Mae HomePath resource page.
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