Will 2021 be the year you purchase a home?
There is a new 5% grant program
This program is very popular, it covers the ENTIRE 3.5% down payment and 1.5% of your closing cost, in the form of a forgivable grant and all loans are 30-year fixed.
Grant does not have to be paid back
No First Time Home Buyer Restrictions
Maximum Assistance up to $31,159.00
3. First time homebuyers and Non - First Time Homebuyers are Eligible
5% down payment assistance grant (does not have to be repaid)
5. Borrow must occupy the home as primary residence
6. Seller can pay up to 6% Closing Costs!
If your rent is $1665 a month you are giving away $20,000.00 a year to your landlord.
Simple Math (1665.00 x 12 months = 20k)
How long have you been renting (5 years =100k)
Simply changing your rental payments to mortgage payments will save you $100k over the next 5 years.
If you are paying more than $1665 a month for rent, there are several lovely homes that you could own with $1000 Down Payment and monthly payments as affordable as your rent.
Coming up with a down payment for your first home can be a major roadblock and quite often the reason for renting, rather than owning a home.
Example: Buyer receives 5% grant (Grant does not have to be repaid)
Sale Price $250000
You receive Down payment grant $12,500...covers your 3.5 down payment and 1.5% of your closing
Seller gives you 3-6% closing help…$7500-$15000
In this example you receive $20,000-$27,500 to purchase your home. My last client received over $25,000.00!
I'd be happy to talk to you about your personal situation and help you evaluate how much home you can afford based on your personal preferences.
Let’s get everything lined up before your next lease renewal.
If we have talked before, give me a call again, Credit repair available at no charge for home buyers. Work with my NON–PROFIT credit repair company.
Will 2021 be the year you purchase a home?
You could be in your new home in the next 30 days!
Email me with any questions
Please contact me when you are ready to proceed.
Give me a call or email me today and we can schedule a time to view some of the properties you've been viewing online - (202) 600-8963.
