Want to Buy a Home? Money for your Down Payment!
MONEY, MONEY, MONEY!!!
That’s right! Down Payment Assistance GRANT MONEY is back! It is available to those that qualify to cover the 3.5% down needed for FHA or 3% down for Conventional with NO Mortgage insurance. Call our Redux Realty preferred lender Glen Bralley (NMLS ID # 233063) for all the details at 703-898-5982 but here are a few:
- Income limits for households of 2 or less is $97,520 and for 3 or more $113,840
- FHA option allows for credit down to 620 and Conventional down to 660
- NO BK, Foreclosures or Short Sale clients
- All collections and judgments must be paid off
- FHA maximum sales price is $500k and Conventional has a MAX LOAN of $417,000
- 45% ratio maximum
- Can’t have owned a home within the last 3 years
- Primary residences only
- Limited supply, so get your buyers fully approved now so they can buy a home fast before the funds are all used up! They can use this GET STARTED link to FastTrack your approval process.
Let us know if you have any questions…Happy Buying!
(703) 679-1356
PS — Start your home search TODAY at our top-class, website (with live MLS updates and better features than Zillow, Realtor or Redfin) here: dmv.thereduxgroup.com
