New Down Payment Assistance program to help make home ownership more accessible for first-time home buyers in under served areas.
Apply Here: https://plus.
preapp1003.
com/Matthew-Brown
NOTE: Eligibility is based on where the borrower lives NOW.
The grant can be used to purchase a home ANYWHERE in the 50 states and DC.
* Down payment assistance grant of $10,000, 680 FICO required.
$5,000, 620 FICO required.
* Up to $500 toward a 1-year home warranty
* Up to $500 toward the appraisal cost
* Primary purchases only
* All property types (Single Family, 2-4 Units, Condos & Manufactured)
* Max LTV = 97%
* NO INCOME LIMITS - Does NOT need to meet AMI restrictions to qualify.
* Seller concessions are capped at 5%
BORROWER ELIGIBILITY
* Based on where the borrower’s current primary residence is located now
* The occupying borrower must be a first-time home buyer and live in an eligible census tract area
* Occupying borrowers may not own any other financed properties at the time of closing.
ELIGIBLE METROPOLITAN STATISTICAL AREAS (MSA)
* Arizona (Phoenix-Mesa-Chandler)
* California (Riverside-San Bernardino-Ontario)
* DC, Virginia, Maryland, West Virginia (Washington DC Area)
* Florida (Miami-Fort Lauderdale-West Palm Beach), (Orlando-Kissimmee-Sanford), (Tampa-St.
Petersburg-Clearwater)
* Georgia (Atlanta-Sandy Springs-Roswell)
* Illinois, Indiana (Chicago-Naperville-Elgin)
* Maryland (Baltimore-Columbia-Towson)
* Michigan (Detroit-Warren-Dearborn)
* Missouri, Illinois (St.
Louis)
* New York, New Jersey (New York-Newark-Jersey City)
* Ohio (Cleveland)
* Oklahoma (Oklahoma City)
* Pennsylvania, New Jersey, Delaware, Maryland (Philadelphia-Camden-Wilmington)
* Tennessee, Mississippi, Arkansas (Memphis)
* Texas (Brownsville-Harlingen), (Dallas-Fort Worth-Arlington), (Houston-Pasadena-The Woodlands), (McAllen-Edinburg-Mission), (San Antonio-New Braunfels)
Feel free to inquire about specific guidelines & requirements relative to your own situation.
I will be happy to discuss in depth to see what we can do to meet your needs.
We can do a soft pull of your credit to get an idea of where you are at without adding any unnecessary inquiries.
I'll gladly provide you a detailed plan to increase your credit scores if needed.
https://findamortgagebroker.
com/Profile/MatthewBrown57858
WE ARE SEEKING EXPERIENCED MORTGAGE PROFESSIONALS.
PLEASE INQUIRE IF INTERESTED.
Licensed in California, Colorado, Florida, & Texas.
Matthew Brown
Sr.
Mortgage Loan Originator | NMLS #1254520
Globe Mortgage, Inc.
| NMLS #1390856
5847 San Felipe Street, Suite 1700, Houston, TX 77057
1200 Brickell Ave, Suite 740, Miami, FL 33131