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Nationwide Grant Program for Down Payment Assistance
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In this video, I explain a nationwide grant program that provides up to three and a half percent of your down payment on an FHA loan. I discuss the difference between a grant and down payment assistance, eligibility criteria for the program, and the forgiveness terms. I also introduce a home buyer's journal that can help viewers track their journey to homeownership. No action is requested from the viewers, but the video provides valuable information for those interested in down payment assistance programs.
Chapter:
00:00 Introduction
02:00 Debt-to-Income Ratios
05:40 Area Median Income
07:20 Seller Contributions
09:00 Join Facebook Group and Newsletter
Chapter:
00:00 Introduction
02:00 Debt-to-Income Ratios
05:40 Area Median Income
07:20 Seller Contributions
09:00 Join Facebook Group and Newsletter
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