What If I Wait Until Next Year to Buy a Home?We recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have
Down Payment GRANT MONEY Still Available With Significant Program Changes
Yes!! Down Payment Assistance GRANT MONEY still available (with significant program changes)
Supply of Grant Money is limited. Now is the time to contact a Mortgage Lender to get approved before funds are used up.
*Here are a few details:
Program now requires buyers to have 1% of their own money toward down payment,
Properly documented Gift Funds are allowed.
Max Income Limits for households of 2 or less is $97,520, for 3 or more $113,840. Varies by county.
FHA options allow for credit score down to 640. Conventional loans allow for credit score down to 660.
No BK, Foreclosures, or Short Sale clients.
All collections and judgments must be paid off prior to closing.
FHA Loan maximum sales price is $500,000.
Conventional has maximum loan amount of $417,000.
Maximum 41% debt to income ratios.
Within last 3 years, Buyer cannot have owned a home.
For Primary Residences only.
Supply is limited. Get approved now so you can buy using this down payment Grant Money Program.
Home Buyers - don't miss this opportunity!!
Buying a home is a "Process"
Ready to Buy a Home? Let’s get started? It’s as easy as 1-2-3
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