Down Payment GRANT MONEY Still Available With Significant Program Changes

Dated: 08/19/2016

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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!! 

Contact Rich at Caliber Home Loans for More Information.

Buying a home is a "Process"

On a number of occasions, we work with clients for 6 to 12 months, especially if they need to work on getting their credit scores up in order to be in a stronger position to buy a home.

One of our in-house lenders, Caliber Home Loans, helps our clients when credit repair is required. Based on their experience, they can recommend a Credit Repair Company that will get results. 

Some companies can increase scores up to 17 points in 10 days. It's definitely worth checking out!

Ready to Buy a Home? Let’s get started? It’s as easy as 1-2-3

Step #1: Mortgage Pre-Approval from reputable Lender. Online loan application with Caliber Home Loans.

Step #2: Fill out a Home Buyer’s Questionnaire to detail exactly what features you’re looking for in a new home.

Step #3: Put together a Home Tour List with Buyers' Specialist Karen Komo.

*Basic details of  Down Payment Assistance Grant Program included here. 

Contact Caliber Home Loans to verify that you qualify for the Down Payment Grant Program. Today!! Email, text, or call Rich Godbout at Caliber Home Loans before the money runs out. 

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Frank Kenney

I grew up in Fairfax County and playing sports throughout the area. As an adult I have been running my own company for almost 10 years. I took a struggling franchise and grew it into the largest of i....

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