Finding your dream home and affording your dream home can have a large chasm between the two. Fortunately, there are assistance programs that can make your dream home a reality. There are program requirements for each of the different assistance programs. The fun part of my job is to let my clients know that there are programs that can assist them financially to own their dream home.
Each county in the metro area has different eligibility requirements. Tom and Susan want to purchase their first home for around $200,000, but they are short funds for the down payment. The Homestretch Down Payment Assistance program provides $7,500 in assistance with the requirement of a 640-credit score, income limits, and price point limit of $211,000 existing and $289,000 new build. Tom and Susan meet the requirements.
If you are looking to buy your first home but are struggling with the down payment, I can help you understand the programs available. I am Charisse Excell, a loan officer with Southeast Mortgage, and I want to help make your dream home a reality! Contact me by filling out the inquiry form online or by Email (Charisse@newtoorlandoflorida.com).