Attention Future Home Buyers:
One of our great lenders has an exciting new mortgage program and I’d like to share the details with you!
Our lender has partnered with the National Homebuyer Fund (NHF Platinum Program). The NHF Platinum Program is designed to assist low-to-moderate income homebuyers with the purchase of a home, by providing down payment and/or closing cost assistance (currently in the form of a Grant). The grant does not have to be repaid. The grant (up to 5% of the total loan amount) can be used towards down payment or closing costs.
Many times this assistance allows homebuyers to purchase a home much sooner than they thought possible. One of the most attractive features of the Program is that you don’t have to be a first-time homebuyer. Even if you owned a home in the past, you may qualify. The Program is available for the purchase of an owner-occupied principal residence, including condominiums and planned unit developments, and offered in various states, including Massachusetts & New Hampshire.
A borrower can purchase a single family, condo, or PUD with no money down with a credit score as low as 640. The grant is combined with either a Fannie Mae (Conventional Loan) My community mortgage, FHA, VA, or USDA loan.
Our lender will sponsor and obtain the grant for the borrower so you no longer will have to work with separate entities to obtain a down payment assistance grant!!
For more information about the program and to see if you qualify, please call our offices at 617-297-8641 or email us at contact@Mandrellco.com. We would love to connect you with our mortgage broker and help you achieve that long awaited home purchase! Call today!