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Be esctatic for something good! We want to ensure those eligible are provided with maximum opportunities for home ownership. Did you know more and more Cities & Counties in Minnesota are offering grant money to be used for down payment and closing costs assistance? Many of these programs are no interest, interest only and may be forgivable. One of our processors has been doing grants since early 2010. Millions of dollars in government assistance are available in this local Twin Cities real estate market. These resources are sustainable, long term programs with perpetual funding therefore not stealing from future sales. Often times these funds require home ownership education and can open the door to home ownership for those who thought they could never afford to buy a home. Please feel free to refer your friends. Government funded grant and assistance programs are currently available and some DO NOT require first time buyers. For most programs , the definition of first time homebuyer includes people who owned a home more than three years ago. We can quickly match home buyers with available funding and these programs are not just for low-income households. * Some Programs Allow Sales Prices Up to $300K or More * Some Programs Allow Household Income as High as 100K+ With your information we can get your preliminary determination of eligibility on grant and assistance programs. Based on household size, income, occupation and assets combined with desired location and type of housing we can identify assistance that a bank or mortgage lender's customer is qualified to receive , and may be used in conjunction with an appropriate first mortgage product. Service providers benefit by strengthening the security of the first mortgage and mitigating the risk of loss from early payment default. |
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