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Updated about 12 years ago on . Most recent reply

User Stats

35
Posts
1
Votes
Ron S.
  • Trenton, MI
1
Votes |
35
Posts

Fannie Mae Homepath property Seller Concessions??

Ron S.
  • Trenton, MI
Posted

Hello Im putting in offer in morning on a fannie mae homepath property. I am financing conventional 20 percent down. Im not using homepath financing. Was wondering if i can ask for seller 6 percent concession for closing costs? Thought i remember hearing something that if it was not a primary home-which this will be a rental that you can only get 3 percent max? Anybody know if you can get 6 percent on investment property through fannie mae?

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