First-time home buyers need to know that this is available

Didier Malagies • May 9, 2024

One program that is available for first-time home buyers is where you can put  1% down and the lender will give you the other 2% towards a down payment. A total of a 3% down on your home. If you bought a 300,000 home you would put 3,000 down and if you got the seller to pay 3% of closing costs, you just bought a home for $3,000. What would it cost to move into another rental? First, Last, and deposit?

Now for the next program. depending on where you live, you could get up to $5,250 for a down payment or closing costs. That is huge and with the seller paying closing costs, Now you can see how the opportunities of getting into a home

No liens, second mortgages, or anything. This is a great opportunity not to have to do down payment assistance with a second lien against your home

with certain restrictions


there are no restrictions with the 1% down or up to $5,250 towards down payment or closing costs


Please let me know how I can help you


tune in and learn at https://www.ddamortgage.com/blog


Didier Malagies nmls#212566

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