Homebuyers will be provided with 3.5% down payment assistance. No repayment is required and the debt is forgiven after 36 consecutive on-time payments.*
WHO IS ELIGIBLE?
Anyone is eligible, but the minimum credit score must be 620 for down payment assistance.
WHAT TYPE OF MORTGAGE PRODUCT IS THIS?
This is an FHA loan program and all FHA requirements must be met. This is not a first time homebuyers program, although all first time buyers are welcome. Non-Occupant co-borrowers allowed.