Get 2.5% Gift Funds From The Lending Company On A FHA, VA Loan!!

What is the 1% Down Program?

You can get as much as 96.5% of the home sales costs financed through home loans. But you are still required to raise 3.5% of the final cost of the home on your own. The lending Company is offering 2.5% gift funds. If you are from the lower or middle income group finding the 3.5% can be a burden. You cannot always rely on your savings or help from family and friends. The Lending Company’s down payment assistance program can give you a real helping hand and help you own a home of your own.
The Lending Company’s down payment assistance program offers home buyers gift funds that can be utilized for down payment or closing cost. The great news is that these funds do not need to be paid back.

How does it work?
The Lending Company’s gift program may seem too good to be true for a home buyer who is in desperate need for money. But it is a very smart business proposition that lets the home buyer buy a home with 1% down.

Here’s how this program generally works:
1. You contact Jeff Thomas with the Lending Company and tell him The Brooks Team sent you.    He will then get you Pre-Approved for an FHA or VA Loan.
2. If you are approved Jeff will send us over a Loan Status Update letting us know how much home you can afford. We will then find out the kind of home you want and the area.
3. We will then set you up on a custom search of homes that fit your criteria, not just a list of homes. These will be sent to your email daily. You save the ones you like as your favorites and let us know the ones that you’d like to view.
4. Once we find a home that perfect home that you’d like to make an offer on we write up the offer and submit to the listing agent to send to the seller. If your offer gets accepted we set a Closing date, get an Inspection and Appraisal done. If all checks out OK we’ll be handing you the keys to your new home .
Advantages of down payment assistance programs:
There are many benefits to the buyer. The buyer can buy a home even if she/he doesn’t have the usual 3.5% or 20% needed for down payment and she/he does not have to pay back the 2.5% gift funds from The Lending Company. More home buyers can purchase a home with this program.

Things to keep in mind while opting for down payment assistance:
There are a few things to consider while opting for down payment assistance. First, use The Brooks Team Realtors years of experience in helping buyers and sellers. We will work with you from start to close. And once you’re through with all these procedures, sit back and enjoy your very own home.
Jeff Thomas- jeffthomas603@gmail.com is an expert on mortgage planning and home ownership and loves helping home buyers make smart financial decisions while making a very important decision in their life – investing in a new home. So give us or Jeff a call 602-410-4340  and lets get you in that “Dream Home”-

Stephen W. Brooks

www.thebrooksteamaz.com

623-202-3833