Buying Fannie Mae Foreclosure Tips [NEW]
: Consider the HomeStyle Renovation loan , which allows you to bundle both the purchase price and the cost of repairs into a single mortgage, reducing the need for upfront cash for renovations. Buyer Eligibility & Requirements Requirement / Benefit Minimum Credit Score Typically 620 for a HomeReady mortgage. Down Payment As low as 3% for qualified owner-occupants. Occupancy Rule
Compare loan requirements for foreclosures? buying fannie mae foreclosure tips
: If you are a first-time buyer (meaning you haven't owned a home in three years), completing Fannie Mae's online HomeView education course can qualify you for up to 3% of the purchase price back in closing cost assistance. You must finish this course before submitting your offer. : Consider the HomeStyle Renovation loan , which
For more direct assistance, you can call the HomePath Online Offers Support Center at . To help you move forward, Occupancy Rule Compare loan requirements for foreclosures