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Down Payment Assistance Application Form

Down Payment Assistance Application Form

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Instructions and help about Down Payment Assistance Application

you may be able to get into a home sooner than you think if you've been wanting to buy a home but don't quite have enough money for a down payment you may want to consider our new FHA 100 financing down payment assistance program with this program you can Finance the entire purchase price of the home without having to put a down payment down this means you won't have to dip into your savings or wait to accumulate a large sum of cash before buying a home not only does this program eliminate the need for a down payment out of your pocket but it has flexible terms to suit your financial situation now FHA Loans do require a three and a half percent down payment so how are we getting and solving for the no down payment part of the equation here's how it works you are going to have your first mortgage which is going to be 96.5 percent of the purchase price think of it that way so if we take a hundred thousand dollar purchase price 96.5 is going to be your base

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