"most difficult step in the home buying process was saving for a down payment"
as cited in their 2015 Profile of Home Buyers and Sellers*
THERE IS A SOLUTION — National HomeBuyer's Fund Down Payment Assistance (DPA) programs which provide DPA in the form of a
NON-REPAYABLE GRANT.......... (FREE MONEY)
- Down payment and/or closing cost assistance grant, up to 5% of the loan amount.
- Down Payment Grant (DPA) grant never has to be repaid.
- Affordable interest rates and variety of grant levels.
- FHA, VA, USDA and Conventional mortgage loan options.
- NOT limited to first-time homebuyers.(no investors please...sorry)
This program was taken off the market a few years ago it's returned, but the funding is limited.
****you have to move quick***
****you have to move quick***
Unlike the Georgia Dream Program (we all love) you don't have to be a... 1st time home buyer to qualify for this grant.
- No Double closings
A DPA grant decreases homebuyer costs, avoids burdening the homebuyer with additional debt and eliminates property liens associated with secondary financing options.
This also creates a long-term positive domino effect because the housing market is infused with borrowers holding more equity for a future move-up purchase if they desire, in turn freeing up another potential entry-level property.
- Grant reduces debt and creates positive home equity.
- Grant creates a positive impact on housing economy.
Non-repayable grant up to 5% of the mortgage loan.
- Generous FICO/DTI requirements.
- Low-to-moderate income limits (qualifying income only).
- FHA, VA, and USDA loan types.
- Available in multiple states.
- 30-year fixed term with full amortization
Ok, There are income limits for this program, and varies county by county....
Cobb Fulton Dekalb
$77,625 $77,625 $77,625 Updated 4/12/2016
You Must:
Occupy the residence as their primary residence; non-occupant co-borrowers are not allowed.
If You Want To Know More About This Program Please Complete The Form Below!!!
If You Want To Know More About This Program Please Complete The Form Below!!!
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