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  • Writer's picturejimshorkey

Calling FHA Applicants: Boost Your Down Payment

Get A Serious Boost!

A new program that helps qualified FHA borrowers cover their entire 3.5% down payment and even a portion of closing costs.

How Does It Work?

Apply to have your entire 3.5% down payment covered via a second lien. Need help with with closing costs, too? This program allows for an additional 1.5% to put toward closing costs.

The Details:
  • This could cover your entire FHA down payment plus 1.5% to put toward closing costs via a repayable second lien with a 10-year amortization term and rate at 2% above the first lien rate.

  • Available to first-time and repeat homebuyers.

  • Gift funds allowed.

  • Minimum 620 FICO score required.

  • Maximum 50% DTI ratio.

  • Primary residence only.

Contact Me To Get Started: 321-750-4814

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