If you are a professional looking to purchase a home and you are currently short by a few thousands dollars this program may help you get into your dream home or a steady homedtead. Being able to come up with $5,000 to $15,000 is a hard task to do, but with a little help from this program is now that much easier to obtain.
Get more information here Teachers next door
Also another financing tool that may help would be homepath financing
Benefits of HomePath Mortgage Financing
- Financing with as little as 5% down payment
- Only need a 660 credit score to qualify for 5% down
- Up to 6% seller concessions for owner-occupied properties
- Up to 90% LTV for investment properties (investors can finance up to 10 properties!)
- No appraisal required
- No mortgage insurance required (mortgage rate will be higher)
- You can also get up to $35,000 to renovate your home with a HomePath Renovation Mortgage
