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Fannie Mae is currently offering buyers up to 3.5% in closing cost assistance through October 31, 2011.
Buyers must be purchasing a HomePath property to use as their primary residence to receive closing cost assistance. Buyers must sign the Owner Occupant Certification Rider to the Real Estate Purchase Addendum. Buyers with total closing costs under 3.5% are not eligible to receive the difference as a credit.
Properties where Fannie Mae acquired the property in connection with financing under a reverse mortgage are not eligible.

In these competitive times even the most thorough marketing plan requires reliable Mortgage Leads with complete and current data. All these variables allow you to pinpoint the homeowners you want to approach to help your sales team close more deals. Initial offers made prior to June 14 are not eligible for the June 14 – October 31 incentive.
Lenders and mortgage products may impose their own limitations on the use of the 3.5% incentive.
M Data Group offers clients the opportunity to access Mortgage Lists with a variety of attributes, enabling you to create a precisely targeted, highly effective list of Sales Leads.

M Data Group maintains and manages its Mortgage Marketing Lists to ensure you receive only the most current, up-to-date Sales Leads for maximum performance.
For example, the lender may consider the incentive a Seller Contribution and limit the amount to 3.0%.

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