Free Money To Buy Ask Your Lender Now

Dated: 04/16/2014

Views: 823

DOWN PAYMENT ASSISTANT PROGRAMS   There are several down payment assistance programs that help buyers get into homes.   These are all worth discussing with a lender so call me for a referral.

1)  The NHF Platinum homebuyer assistance program currently provides eligible families and individuals with a grant that can be used towards the down payment or closing costs.         

NHF Platinum Program highlights include:
  • Down payment assistance grant that does NOT have to be repaid • No first-time homebuyer requirement • Conventional, FHA, VA and USDA mortgages eligible • Available for the purchase of primary residences, including agency approved condominiums and planned unit developments • Available in Oregon, Washington, Idaho and Colorado   The NHF is a non-profit organization that has $8.6 billion dollars to grant and has been in existence since 2002. Don’t miss out on the opportunity to help your customers get into a home this year!    
2)  You can buy again after Bankruptcy and/or foreclosure.
Chapter 7 Bankruptcy – FHA/VA/Conventional loans – 2 years from dismissal or discharge date   Foreclosure/Deed in Lieu -  
VA – 2 years from dismissal or discharge date
FHA-  3  years from dismissal or completion date
Conventional-   7 years for foreclosure  4 years deed in lieu
3)  Denver MMA Program
     PROGRAM FEATURES:  Down payment program can be combined with VA and FHA 30 year fixed rate mortgages  Minimum 640 credit score and a maximum 45% debt- to-income ratio  Property must be within the city limits of Arvada, Aurora, Brighton, Centennial, Dacono, Edgewater, Englewood, Golden, Lakewood, Littleton, Parker, Sheridan, Wheat Ridge jurisdictions  This is a grant and not a second mortgage  Homebuyer education required  Owner occupied homes only  No first time home buyer requirement  Income restrictions apply. Ask lender for details.     I have worked with several buyers who have taken advantage of these programs.   With sellers helping offset some of the closing costs it is possible to buy a home with very little out of pocket funds.        
Blog author image

LaDawn Westbrook

With more than a decade of experience, LaDawn enjoys educating first time home buyers, working with the 55+ community, relocation clients, sellers who want to downsize, step up purchase or anything in....

Want to Advertise on this Site?

Latest Blog Posts

The Biggest Tiny Event In 2018

Want to maximize function and style.....Returning for the second year Colorado tiny home festival showcasing 40 tiny homes.  Could you live in less than 200 square feet?http:/

Read More

Amazing Horse Property Littleton

Check out this property in Southwest Littleton. 5 minutes to the largest no wake water sports area in Colorado. 5 minutes from 2 state parks with hiking, fishing, camping and boating. 5 minutes from

Read More

CHFA Colorado Become A Home Owner For 1000 Bucks

CHFA Colorado- Become a Home Owner for $1,000!So often I hear people limit themselves with the belief that home-ownership is beyond their reach or too expensive. It’s simply not true. Yes, the

Read More

Denver Open Houses This Weekend Under 500K

OPEN HOUSES IN DENVER THIS WEEKEND#OPENHOUSEDENVERHere is a list of all Open Houses from the MLS this weekend. Feel free to check out our Featured home too! Location for the featured PropertyBe Sure

Read More