CM-4

Home PathReady Buyer

Best for: First-time homebuyers who help for closing costs willing to buy a foreclosed home.

Fannie Mae’s HomePath ReadyBuyer program is geared toward first-time buyers interested in foreclosed homes that are owned by Fannie Mae. After taking a required online homebuying education course, eligible borrowers can receive up to 3 percent in closing cost assistance toward the purchase of a HomePath property. The trick is finding a HomePath property in your market, which might be a challenge since foreclosures account for a smaller chunk of listings today.

Cara Milgate
V.P. / Broker Associate
Union City
(510) 910-2410  |  (510) 489-8989  |  01044930   |  cmilgate@intero.com