Fannie Mae recently launched a new program to help first-time homebuyers purchase a home while alleviating any possible confusion surrounding the buying process. As part of the HomePath Ready Buyer Education Program, qualified buyers could receive up to three percent closing cost assistance once they complete an online education course. The class is an important component of the program, according to Fannie. “Purchasing your first home can be an overwhelming process,” said Fannie’s Jay Ryan, vice president of REO Sales. “We developed the HomePath Ready Buyer program to provide first-time homebuyers with the knowledge to make informed decisions as they navigate the complexities of the homebuying process.”