03/11/2016
Attention Nurses!!
Did you know, there is grant money available for you if you want to buy a home. If you make less than $72,335 a year, have a middle credit score 640 or greater, you can purchase a home up to $301,829 if you live in the Bexar or Guadalupe County area.
See example below:
Purchase Price: $301,829
Loan Amount: $296,543
Down Payment: $10,564.02
Down Payment Assistance: $14,827
As you can see in the example above, the down payment assistance program would help you cover the down payment. Which, in 2016 is still the biggest barrier that prevents people from moving towards home ownership. In closing, for full disclosure, there are cost associated with this program. For more detailed information or to get qualified, call or email me today:
210-504-7055
[email protected]
** Down payment assistance amount is 5% of loan amount as of 3-11-2016
** Based on FHA Loan
** Additional qualification requirements may apply