Dec 18 2015 9467 1

Dec 18 2015 9467 1


Need help with your down payment and closing costs?  This program can help you.  Here's how it works.

1)  4% down payment assistance.  Calculated at 4% of the principal balance of the mortgage loan.  Example would be: A $200K home would allow up to $10,000 to be used towards the down payment and/or closing costs.

2)  30 year fixed rate Home loan.

3)  This is a grant.  No repayment is required.

4)  Eligible loan types: FHA, VA or USDA.

5)  Minimum of 640 credit score.

6)  Minimum of 45% debt to income ratio.

7)  There is no first-time Home buyer Requirement.

8)  Maximum income limit is $88,300.

9)  Important for Military (qualified veterans, active duty military, active reservists, active national guard)

     a)  Receive an additional 1% in down payment/closing costs assistance.

This is a great program for anyone who falls into these parameters and wants to keep more money in your pockets.  Call me to discuss your situation so we can get you pre-approved right away.  

Mike Dokos

Homesmart Realty


Edna Montijo - Owner Headshot
Phone: 480-999-1156
Dated: December 18th 2015
Views: 639
About Edna: ...

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AZ Xceptional Realty
2450 S Gilbert Rd #206
Chandler, AZ