Fannie Mae announces 3.5% buyers assistance to use towards your closing costs in Arizona on HomePath Houses available for sale From Aril 11, 2011 until June 30, 2011.
So on a $150,000 house that's $5,250 towards your closing costs! Also, there is a 15 day period on new listings that only owner occupied purchasers are allowed to make offers!
Other benefits of this program for owner occupants:
3% down payment - low down payment required!
You may qualify if your credit is less than perfect
Down Payment can be funded by your own funds, a gift, a grant, or a loan from a non profit, state or local government, or employer
First Time Home buyers qualify
Flexible loan terms - fixed rate, adjustable rate and interest only options available
To see available HomePath houses; www.homepath.com
To get pre qualified for the homepath mortgage financing program: APPLY NOW