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Grants, loans, and other programs are available to help with a down payment. It is usually reserved for borrowers who are first-time home buyers. Down payment assistance programs can be administered by a variety of organizations, including the United States Department of Housing and Urban Development (HUD), your local or state housing authority, or a nonprofit.
Your household income and credit history determine eligibility, which varies by state and program. An application is usually required, and you may also be required to attend training or home buyer education on the mortgage process and financial management.The amount you receive varies depending on the program. Some programs provide a percentage of the home's sale price, while others provide a fixed amount of money.
Reach out to Amanda to see if you qualify for down payment assistance!
Have questions about down payment assistance?
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NMLS #: 21822709960 W Cheyenne Suite 240, Las Vegas NV 89129
Amanda Staples of Merit Lending is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act.
NMLS #: 21822709960 W Cheyenne Suite 240, Las Vegas NV 89129
Amanda Staples of Merit Lending is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act.