Biden wants to GIVE YOU $25,000 for your first home

Показать описание

In this video, I'm discussing the most updated First Time Home Buyer grant bill initiative by the Biden Administration. Called the Down Payment Equity Act of 2021, this program seeks to help first generation, first time home buyers with homeownership by providing a grant up to $25,000

***Timestamps***
0:00 - Intro
0:20 - Initial tax bill for $15,000
0:48 - Down Payment Toward Equity Act of 2021
01:09 - Who qualifies?
01:37 - How can the grant be used?
02:26 - Income limitations
03:07 - Definition of a first-generation home buyer
03:50 - How much is the grant for?
04:39 - Eligible mortgages

***Find me on:

********************

GET A MORTGAGE PREAPPROVAL

GET A REFINANCE QUOTE

*********************

With the help of this grant, first-generation first time home buyers will be able to pay for their down payment, closing costs and even buy down their mortgage rates to help reduce their monthly payment.

The maximum amount for the grant is $20,000, however, for economically disadvantaged individuals, the assistance increases to $25,000.

This grant can be used for Conventional loans, FHA and USDA mortgages.

*************************************

Marcos Zambrano
NMLS ID: #988935
CMG Financial
3500 Lenox Road Suite 1500
Atlanta, GA 30328

Equal Housing Lender

Not a Financial Advisor Disclaimer

I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am a licensed mortgage loan officer. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.