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Employer-Assisted Housing
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Employer-Assisted Housing (EAH) is an employee benefit that can be used with any Fannie Mae mortgage product. Employers can offer an EAH benefit to meet one or more of the following goals: |
EAH Brochure:
English Version
Versión Española
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- recruitment
- retention
- revitalization
- return to the bottom line
- recognition for the company
Fannie Mae helps all types of companies -- including private employers, nonprofit organizations, universities, hospitals, and public employers -- customize and offer an EAH benefit.
Common EAH Benefits
The most common benefits are grants, forgivable loans, deferred or repayable loans, matched savings, interest-rate buydowns, shared appreciation, and home-buyer education (provided by an employer-funded counseling agency).
Typical Uses
Funds are commonly used toward down payments, closing costs, and interest rate buydowns.
An EAH benefit may be available to all employees or limited to specific segments of the employee population, such as non-management staff or first-time home buyers. An EAH may be available for all homes, or homes that meet specific criteria, such as primary residences or homes located in specific neighborhoods. Through our lender-partners, we can assist employers in matching the best EAH structure to support employee and community strategies.
Getting Started
- Lenders: Contact your Fannie Mae customer account manager, or your nearest regional contact
.
- Employers: Complete and return our EAH questionnaire
(DOC) or e-mail
EAH.
- Employees: Share this information (available in Downloadable Documents area) with your employer and refer them to Fannie Mae.
- Other: Call Fannie Mae's Consumer Resource Center at 1-800-7Fannie (1-800-732-6643) and request an EAH Information Packet.
If you are a professional in the mortgage or housing fields interested in conducting business with Fannie Mae, please visit our business-to-business Web site, www.eFannieMae.com
, for additional information on these mortgage options.
If you're a home buyer or current homeowner, Fannie Mae has developed a large array of innovative mortgage products available to you through a nationwide network of approved lenders listed on Fannie Mae's in the For Home Buyers & Homeowners
section. Use our Find a Mortgage feature in the For Home Buyers & Homeowners section to locate a lender in your area offering the mortgage product that best suits your needs. The Fannie Mae-approved lender you select can work with you to help find a low-cost mortgage that meets your needs.
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EAH Brochure: English Version
Equal Housing Opportunity