CA mortgages : CA mortgage rates and home loans

Down Payment Assistance Program Benefits

Who has the benefits? Everybody! Sellers now have a better chance of selling their homes faster, and at full asking price. More qualified buyers equal less time on the market. Less time on the market equals savings of interest and expenses. Buyers can buy now without having to wait, take advantage of tax breaks, and equity buildup reserved by today's homeowners. Buyers can buy now at today's prices instead of expected higher prices in the future. Lenders, realtors and builders benefit by having new marketing strategies which create more business and help more people own more homes, plus access to the Referral Network. It's a win-win situation for all.

Down Payment Assistance is probably the best gift program available today. It is fast, easy to use and flexible enough to be compatible with many types of loans offered by lenders. Imagine what "ZERO DOWN - GIFT MONEY" can mean to you. Down Payment Assistance is designed to work efficiently with FHA and many other loan programs to close more homes for more people!

Below are some of the benefits of the Down Payment Assistance Program:

Low Fee - as little as $300
Just one form to fill out
Gift funds up to 10%
Compatible with FHA/VA and many other loan programs
Gift funds may be used towards closing costs and/or to buy down the rate
No downpayment requirements - no cash investment required by borrowers
No income restrictions
No asset requirements
No reserve requirements
No registrations required by the realtor, lender or closing agent
No homebuyer education required
No geographic boundaries in the United States
No extra qualifying required when approved by lender
No underwriting or credit checks
No recapture clauses - the buyer never needs to pay it back
No property Inspections, certifications or homeowner's warranties required
Sellers can market their properties to more potential buyers
Homes can sell 25% faster than properties that require a down payment
Referral Network - Area applicants referred to lender and realtor participants
Great fast service - same day funding with receipt of paperwork before 12:00 noon CST
Downloads - all forms available on Internet

Buyers qualify for gift funds by getting approved for a home loan from a lender who accepts gifts from a nonprofit organization, and by purchasing a home from a seller who agrees to make a donation to the program after the home closes. Money given to the buyer is a true gift.

If you have a brief moment, please fill out our basic Information Request Form below.

Thank you...

Information Request Form

Tell us a little about your current needs. The more information you
provide, the better we can help you. We can use that information to
match you with just the right Down Payment Assistance.

How can we get in touch with you?

*Name:
*Email:
Phone:
Address:
City:
*State:
Zip:
Home Phone:
Work Phone:
Fax Number:

Tell us about your credit history:

*Excellent, Good, Fair or Poor:
Your Credit Score?:

If purchasing, how motivated are you?

*Very Motivated, Motivated or Exploring Options?:

Have you found a home to buy?

*Yes or No?:
Do you have a purchase contract?:
What is the purchase price?:
Where is the property located?:
Do you have a closing date?:

Are you working with a real estate agent?

*Yes or No?:
Agent's Name:
Agent's Email:
Agent's Phone:

Are you working with a lender?

*Yes or No?:
Have you been approved for a loan?:
What loan amount have you been approved for?:
What is the maximum LTV%:

Funds available for down payment/closing costs?

*Amount: $:
Source of Funds?:
Will the seller carry back a 2nd mortgage?:
Will the seller pay any closing costs?:

What Down Payment Assistance is needed?

*Amount: $:
How soon do you need the funds?:

Comments or Questions?:

Note: Fields with an * are required