Purchase a home in the Bay area or Central Valley with 0.50% downpayment- NHF Grant

Purchase a home in the Bay area or Central Valley with 0.50% downpayment- NHF Grant

QUALIFIED CALIFORNIA HOME BUYERS CAN NOW PURCHASE A HOME WITH PUTTING ONLY 0.50% DOWN!!!

 

The NHF Grant will help qualified home buyers across the East Bay Area and Central Valley purchase home with 0.50% downpayment.

 

The Program provides 3.00% through a Grant provided by the CHF which can be used for a down payment or closing costs on government loan types (FHA, VA, USDA)!!!

Program Overview:

- 3% CHF Grant – Not a Second Mortgage

 

- Reservation of funds by National Homebuyers Fund (NHF)

 

- You must use either an FHA, VA or USDA* loan program offered by NHF.

Standard FHA, VA and USDA Guidelines apply- <417,000 loan limit

 

- Your income must not exceed 120% of the area median income (CHF Grant program income limits)

 

-Minimum 640 FICO lender guidelines apply

 

- Buyers do NOT have to be a first time home buyer

 

- Buyers do NOT have to pay this money back

As your trusted advisor at Vintage Mortgage Group in Pleasanton, I council many first time home buyers on down payment assistance programs and which is right for them.  If you’re currently shopping for your mortgage, message me below to discuss this option and if it meets your needs. I personalty work with all my clients from start to finish and I look forward to working with you.

 

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