If you want to make the leap into homeownership but you’re short on the cash for a down payment, don’t worry… There could be help for you! There are many down payment assistance programs out there to help you achieve your dream of home ownership.
Our Home Advantage loan assists those who do not have any funds for a down payment and is available for buyers with limited household income purchasing their first home or a repeat buyer. The loan is for two separate mortgages and the second mortgage is interest free for 30 years. You’ll need to attend free homebuyer’s education seminar as part of the qualification process.
This is often a great choice for millennials as they want to enter homeownership without the hefty amount of savings often required for a down payment.
Restrictions apply, reach out today to see if you qualify!