This morning I heard about a new grant program through National Homebuyer’s Fund, Inc. designed to assist homebuyers in California. I’ve confirmed it with my trusted lender contacts. It could translate into around $12,000 give or take...
Here are the “nuts & bolts”:
*It’s used with a 30 year fixed rate loan.
*Can be used with conventional, FHA or VA loans.
*Can be up to 3% of the purchase price.
*The proceeds can be used for down payment &/or closing costs.
*There can be no cash back to the borrower from the Grant Fund proceeds.
*It must be for a primary residence.
*Maximum income for borrower in Ventura County is $104,040 per year.
*You do not need to be a first time home buyer.
*Minimum credit score of 620.
This is a great program- tell anyone you know about it. It’s a limited fund and will no doubt run dry in the next few months. This is a real deal and an opportunity to take advantage of. Contact me for more details!
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