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Fannie Mae?

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luckyinlove
I love my baby girls!

Member since 12/06

2441 total posts

Name:
Lauren

Fannie Mae?

Last night I was talking to someone who went to a home buying seminar, and she said that there is a program named Fannie Mae in which your closing costs can be paid for you? Is this true? It doesn't sound realistic to me...

Posted 4/5/07 10:47 AM
 
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Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Fannie Mae?

Fannie Mae is government backed

I can ask my DH- he sells FHA loans- which are backed by Fannie Mae so he should know

Message edited 4/5/2007 11:22:13 AM.

Posted 4/5/07 10:54 AM
 

-Lisa-
---------------

Member since 5/05

6530 total posts

Name:
Lisa

Re: Fannie Mae?

there are programs for qualifying first time home buyers where they'll pay your closing costs.

My sister did one. It may be through fannie mae, but I thought it was a NYS program - I'll ask her.

Posted 4/5/07 11:09 AM
 
 

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