Archive for the Programs Category

Update!! Homepath Buyers Incentive

HomePath® Buyer Incentive

Fannie Mae is currently offering buyers up to 3.5% in closing cost assistance through June 30, 2011.

The HomePath property buyer must meet the following qualifications to be eligible:
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Fannie Mae Homepath Financing Program

HomePath Mortgage allows a borrower to purchase a Fannie Mae-owned property with a low down payment, flexible mortgage terms, no lender-requested appraisal and no mortgage insurance. Expanded seller contributions to closing costs are allowed.

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HUD approved Condominium lookup

If you’re looking in to purchasing a condominium or townhome using FHA as a loan product, be sure to make sure the property you are wanting to purchase is HUD approved.  To verify a property is HUD approved visit this site and enter the required information.

 https://entp.hud.gov/idapp/html/condlook.cfm

For information on Condominiums and Townhomes available in the South Bend or Notre Dame area visit www.ND-Condos.com.

First Federal Savings Bank honors First Time Home Buyers!

Don’t qualify for a State or City funded program?  First Federal has the answer.  First Federal will pay all standard closing costs on any First Federal loan product for borrowers who have never owned Real Estate Property.  Read the rest of this entry »

First Time Buyer Program: Community Homebuyers Corporation

**Update: Income requirements have changed for the CHC program.  Please contact me for details.**

The mission of Community Homebuyers Corporation (CHC) is to provide affordable mortgage opportunities to first-time homebuyers, with low and moderate income, who wish to become residents of the City of South Bend.  Owning a home is a goal of almost every person, but securing the appropriate financing can be difficult.  With assistance from the Community Homebuyers Corporation (CHC) you or Read the rest of this entry »