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Bank of the Sierra Grant Program Form

Bank of the Sierra Grant Program Form

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Instructions and help about Bank Of The Sierra Grant Program Form

bank of america now has two grants a down payment grant a closing cost of grant totaling 17 500 is the maximum amount you can get in help for your down payment or closing costs now normally i'm a little bit hesitant to recommend down payment assistance programs most of the time because they can be more costly they can tend to have higher rates they can have extra fees and they can lock you into a property and require some form of repayment in the future however this is one of the only down payment programs and closing costs help programs that i've seen that's actually kind of really good so we're going to cover the ins and outs of these two grants here i'll talk through some main requirements um as well so first of all bank of america's kind of mission here they basically set aside 15 billion dollars through 2025 to help 60 000 families or more so that's kind of their goal here they put this together kind of more as an altruistic view with home ownership so it's difficult to say if the

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