New $2,500 Credit to Help Buyers
Low-income borrowers are finding it’s harder to purchase a home now, but a $2,500 credit may very well help them re-think their options. Fannie Mae announced in January 2024 a $2,500 loan-level price adjustment credit for very low-income purchase borrowers through its HomeReady mortgage program. This credit can be used for down payments and closing costs. […]
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