UNLOCK THE KEYS TO YOUR NEW HOME WITH HOME READY FIRST!  Do you know a first time home buyer that would like to move to Connecticut? Do they live in a metropolitan area? They can take advantage of this new program from Fannie Mae. It may just be the difference between affording to buy or not.  Take a look...Pass it on! Home Ready First Product Summary of program: If moving out of specific census tract areas...certain Metropolitan Statistical Areas (MSA) the borrower will receive up to 8k in free grants to purchase.  Its solely based on where you are moving FROM. 5k will come from Fannie Mae, and up to 3k or 1% of the loan (whichever is less) will be given by the lender.   $500 will be used towards appraisal costs. This money is FREE…no repayment or amounts forgiven over time. 100% grant funded. NO INCOME restrictions of the borrowers At least 1 borrower on the loan must be a first-time homebuyer-   this means NO ownership of any sort anywhere in the past 3 years. Can be use with as little as 3% down payment on a loan up to $766,500. May be used as down payment, closing cost, combo or the two, and/or any permanent or temporary buydown programs here.  A few of the Metropolitan Areas that apply to this program. Contact me for a complete list: NYC area, northern NJ, West Chester county,  DC, Philadelphia, Atlanta, Dallas/Houston/San Antonio, St Louis, Chicago, Miami         Fran Manganello Realtor, ABR, SRES Coldwell Banker Realty Res.0755598 (203) 245-4700 (203) 641-2429 fran.manganello@cbmoves.com franmanganellohomes.com Not intended as a solicitation if your property is already listed by another broker. Affiliated real estate agents are independent contractor sales associates, not employees. ©2024 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.