If you're looking to buy a HomePath home, whether you're buying your first home or your fifth, the experience can be exciting, confusing, overwhelming and wonderful — all at once! Buying a Fannie Mae-owned home isn't much different. We're here to help you through the process with tools and resources.
Buying a home can be a daunting process, especially for first-time Buyers. At HomePath, we support smart and sustainable homeownership. That’s why we have partnered with Framework, a leading provider of homeownership education, to offer an interactive, online course perfect for first-time homebuyers who are on the go.
In addition to breaking down the home buying process into easy-to-grasp lessons online, you can also benefit by receiving up to 3% closing cost assistance toward the purchase of a HomePath property. It’s simple; just successfully complete the online course to receive a course completion certificate. Give it to your real estate agent to include it when submitting your initial offer on a HomePath property.
Plus, completion of the HomePath Ready Buyer™ course also meets the homeownership education requirement for the Fannie Mae HomeReady® mortgage loan*. Find out if the HomeReady mortgage is right for you. Visit MyHomeReady.com.
Restrictions apply. See full terms & conditions.
Tell me more about the training.
Nine out of 10 surveyed say they would recommend the course to a friend and for the course costs of $75, consistently exceeds expectations for value.
How do I ask for the 3% closing cost assistance (including the $75 course reimbursement)?
After completing the course, you must attach the HomePath Ready Buyer course completion certificate to the initial offer submission on a HomePath property. Your Real Estate Agent must submit this at initial offer through the HomePath Online Offers system.
Terms & Conditions
To be eligible for the closing cost assistance:
Fannie Mae reserves the right to end the promotion at any time. Any dispute over this program shall be resolved by Fannie Mae in its sole discretion.
NOTE: HECM, auction, pool and investor sales are not eligible for this program.
Instructions for Buyer’s Agents: To make the request for closing cost assistance and reimbursement of the course fee at initial offer submission, include the following verbiage for placement in Section 38 of the Fannie Mae Real Estate Purchase Addendum:
* There are other requirements for getting approved for a HomeReady mortgage. Speak with your lender to learn more.