2% Down Payment Grant of purchase price available

The grant will provide eligible Borrowers 2% of the 3.5% required minimum
borrower contribution on FHA 203(b) purchase loans.

*Completely Forgivable grant, equals 2% of purchase price

*May be combined with up to 6% seller concession for closing costs

*No resale or borrower repayment restrictions

*No underwriting fee

*1.5% remaining down payment can be in the form of a gift

*580 minimum credit score required

*Total income is equal or less than 140% of median area income OR First-time home buyer