How to Find Homes for Sale Through Fannie Mae

Fannie mae is set up for low income families or first time home buyers who have trouble getting home loans through conventional methods such as bank loans or mortgages. This article will give you step by step instructions on how to find fannie mae owned homes that are for sale online.

Difficulty: Easy

Instructions

Things You'll Need:

• Computer
• Internet
• Personal infromation

1. Step one to finding fannie mae homes for sale online is to go to the fannie mae website at fanniemae.com. I also included a direct link in the resources below this article.

2. Next, when you get on the fannie mae website, scroll your mouse over the "Home Buyers" link at the top and a drop down menu will appear with options. Click on the "homepath.com" option.

3. Next, you will be directed to the fannie mae affiliate home finder homepath.com search page. Enter in all of your personal information that includes your name, address, price range and how many bedrooms that you are looking for and hit the search button.

4. Next, you will be taken to the property finder page. Click on the property of your choice and look at it. If you decide you want to purchase the fannie mae owned property, go back to the "home path financing" link at the top of the page and click on it.

5. Lastly, from here on, you can find lenders in your state who work with fannie mae and homepath.com for purchasing the fannie mae home that you have chosen. Just start by clicking on the state you live in and choose a lender.

Tips & Warnings

• Fannie mae owns thousands of homes and properties and are very lenient on those with not so good credit.
• Fannie mae homes are easy to obtain just by following the above steps.

Resources

• Find fannie mae homes for sale here

[magnadea]

on 7/19/2009 Good information on finding homes through Fannie Mae. Thanks 5*

[gahazeleyes]

on 7/19/2009 This is very good information. Will pass on. Thanks.

[jull14]

on 7/19/2009 Excellent article many of us should write article as inspiring as yours. I always love to read article that can help me live better and this is one of this article, thanks so much for sharing. This article is very clear and provided easy steps to follow. Thanks

[ajoy]

on 7/19/2009 Thanks for the article. It would be great to own our first home.

[sonni57]

on 7/18/2009 Good article on finding homes through Fannie Mae this can save money and confusion, especially for first time home buyers.