Pays the 3.5% FHA Down Payment required for you. These funds are not a loan and never have to be repaid.
No price restrictions.
No area restrictions.
High income limits.
Open to ALL job types for First Time Home Buyers.
Closing Costs can be covered by all or a combination of Buyer’s funds, Gift Funds from family members, and Seller Contribution.
Can purchase pre-existing or newly constructed homes.
No Cash Reserve requirement.
Minimum Credit Score 640
No open Judgements on credit.
2 years consistent employment/school history documented by W2s and Paystubs and/or school transcripts, or if self-employed or 1099 employee need 2 years tax returns.
Do NOT have to document rent payment history.
Owner Occupied purchases only.
Minimum home purchase price $200,000