MORE WAYS TO BUY A HOME
Down Payment Assistance
Money May Be Available to Help You Buy.
Qualified buyers may have access to forgivable assistance, grants, repayable programs, and 0% down financing options.
You may be able to purchase a home with less money out of pocket than you think.
MORE WAYS TO BECOME A HOMEOWNER
You Do Not Have to Be a First-Time Homebuyer.
Repeat buyers purchasing a primary residence may qualify too.
MORE WAYS TO BECOME A HOMEOWNER
Find the Option That Fits Your Situation.
Different programs work in different ways. The right choice depends on your goals, payment, and long-term plans.
Forgivable Assistance
Funds may help with the down payment and possibly closing costs, then be forgiven after program requirements are met.
Homebuyer Grants
Qualified buyers may receive grant funds that do not require repayment. Availability and amounts vary.
Repayable Assistance
Some assistance is provided through a second loan that may be repaid monthly or later.
0% Down Financing
Eligible buyers may qualify for a mortgage without a traditional down payment.
COULD YOU QUALIFY?
Many Programs Start Around
a 620 Credit Score.
You do not need perfect credit or a large amount of savings to learn what options may be available.
•
Credit score
•
Household income
•
Monthly debts
•
Employment history
•
Purchase price
•
Property location
•
Primary residence
•
Available program funds
KNOW THE DIFFERENCE
Assistance or Zero Down?
Both can reduce the amount needed upfront, but they are not the same type of financing.
DOWN PAYMENT ASSISTANCE
The mortgage requires a down payment, but an assistance program helps cover some or all of it.
ZERO DOWN FINANCING
The primary mortgage does not require a traditional down payment.
The best option should be based on the payment, rate, repayment terms, and total cash needed.
YOU MAY BE MORE READY THAN YOU THINK
Let's Explore What May Be Available.
Do not let the down payment keep you from learning what is possible.