What are the requirements to qualify for the Down Payment Assistance Program?
It depends; some of the Down Payment Assistance Programs have their own requirements. Some require certain credit scores and some don't. Down Payment Assistance requirements can also range anywhere from income to area of town your buying your home in. Different counties and cities will have their own Down Payment Assistance program. Now, there are some gift programs that any potential homeowner can automatically qualify for. As long as a potential homeowner is obtaining financing through an approved loan program, and purchasing a home where the seller agrees to participate.
How do I know which Down Payment Assistance Program I can qualify for?
Simple, that's where HomeProgramResources.com comes in. Just fill out the contact form and one of our representative will contact you and we will try to match a program for your situation. Once we determine a program, we will then explain the home buying process and steps needed to obtain the program. As soon as we have everything in line, that's when we will locate and show you homes based on your preferences.
What if I have bad credit?
Some of the programs available may not require a certain credit score, but will consider your last 12 month history. If you don't qualify, then one of our reps will analyze your credit report and determine if you qualify for our Credit Enhancement Program.
