Fannie Mae’s 3.5% First Look Program is Available

Just got a reminder email from Fannie Mae that their 3.5% closing costs program is available again and thought it could be of interest to potential buyers out there. This is a program that offers 3.5% in closing costs assistance towards the purchase of a fannie mae foreclosed home for owner occupant buyers. I looked up how many qualifying fannie mae properties there are currently in the city of Portland alone and found 65 currently available, so once you take into consideration surrounding suburbs we’re likely in the realm of around 200 or so in the area that are eligible for this program.

You can find the programs details here, could be worth a look!

Scott McDonald

Everything. Portland. Real Estate. Blog.

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