Yes, you read that correctly! There’s a program available to West Michigan Home Buyers which will give you FREE money (up to $3,000) to purchase your home. This program will be available on December 3rd, 2012 from one of our Preferred Mortgage vendors. There are several aspects of this program that are really terrific.
1. This grant can be used in conjunction with any number of programs – FHA, FHA 203K, RD Guaranteed, VA, Conventional or MSHDA products
2. Requirements: Available to First Time Homebuyer purchasing a single family/one-unit primary residence.
3. Purpose: The purchase of a single family/one-unit, owner occupied, primary residence.
4. Grant Requirements: There is no lien and no repayment is required. Minimum loan amount of $30,000
5. Income limits: None
6. Military Benefits: It supports military home buyers with a grant of $5,000.00 (Military includes Veteran, Active Duty, Reservists)
If you’ve been dreaming of Christmas in a new home, give us a call. We’d love to see your dreams come true.