Down Payment Assistance Program

We have added a new down payment assistance program where eligible home buyers can receive up to 100% financing.

This program is not limited to first time home buyers and there are no income limits with an FHA mortgage as the first lien.

Here’s more:

• DPA available for 3.5% or 5%
• First mortgage options include FHA and USDA mortgages (Subject to FHA county loan limits or USDA’s income limits)
• Available for FHA high-balance mortgages
• 620 minimum credit score
• Owner occupied/primary residence
• Minimum LTV of 90%
• Temporary rate buydowns available
• 1-2 unit homes; condos and manufactured homes are eligible
• Not limited to first time home buyers
• No income limits (unless you opt for a USDA mortgage)

This is a great option to help home buyers who need extra funds or don’t want to tap their savings to buy a home. I’m very happy to be able to offer this down payment assistance program.

For more information about this or any mortgage needs, please contact me!