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Helping Homebuyers
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Many people dream of owning a home but don't think it's possible because they lack the resources for a down payment and closing costs. The Buyers Assistance Program was set up specifically to help these prospective homeowners. The program is designed to give more people the opportunity to buy a home by providing the funds to purchase now, rather than having to wait.
Buyers Assistance gives the prospect the down payment - up to $50,000 of the purchase price - so that they can become homeowners. Yes, we said “GIVES,” which means the recipient of the down payment does not have to pay it back, and qualifying is as easy as filling out a form. The program funds are free monies offered to homebuyers, requiring no repayments, no silent second mortgages and no recapture penalties on homes anywhere in the United States. The money given to the buyer is a true gift.
Sound too good to be true? It's not! Qualify with lenders and discover how easy it is enjoy the stability of homeownership without a down payment or closing costs. This incredible service is provided by grants from an existing pool of funds for the purpose of assisting honest, hardworking people in participating in that great American dream, home ownership.
The Down Payment Assistance Program helps more people own more homes. |
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Gift funds up to $50,000 - not just 3% |
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May be used towards closing costs and/or to buy down the rate |
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Compatible with many conventional, nonconforming, and subprime loans |
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Referral Network - Applicants referred to Lender, Realtor and Builder participants |
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Great fast service - only one form to fill out |
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Our goal is to make your experience easy, we don't impose restrictive guidelines. |
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No down payment requirements - no cash investment required by borrowers |
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No recapture clauses - no second lien recorded |
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No income restrictions |
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No asset requirements |
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No reserve requirements |
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No homebuyer education required |
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No underwriting or credit checks |
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No extra qualifying required when approved by lender |
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No geographic boundaries in the United States |
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No property Inspections, certifications or homeowner's warranties required |
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Although there is no qualifying on your part to receive down payment assistance, you must still be approved for a mortgage that allows gift-funds to satisfy the down payment requirement. Please discuss available options with your lender. It is the responsibility of your lender and real estate agent to conform to and meet all conditions and requirements of the Buyers Assistance Program before we can arrange and/or release down payment gift funds. If you're already working with a lender or realtor, have them contact us and we'll provide the necessary information they need to make sure you can take advantage of the program.
Don't let lack of cash stop you from owning a home. If you would like us to help you choose a lender, go here, and start looking for your home tomorrow! |
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