Flagstar Bank has several grants and discounts for first-time homebuyers, including the Gift Program, which gives 3% of the home price back. The Power-Up program enables eligible first-timers to get $8,000 in grants to put towards their home purchase. Flagstar® Bank Loans Learn More Annu...
Yet, many first-time home buyers are surprised to see just how many homes are eligible. An estimated97% of the U.S. land massis considered rural by the USDA. Here are the general property eligibility requirements borrowers can expect: ...
Packages can also combine a loan and a grant, providing up to $50,000 in total assistance. Loan terms are for 20 years with a 1% interest rate. If the borrower sells the home within three years, they’ll have to repay any grant money. Qualifying for a USDA-guaranteed mortgage Income ...
Finding the best mortgage in Florida or Georgia can be hard, but at Approved Mortgage Source we are here to help you get the best rate at the lowest price.