Unlock Your Homeownership Dreams

Homeownership can feel like an unattainable dream, but conventional down payment assistance (DPA) programs are here to bridge the gap. This informative flyer from NEXA Lending highlights how eligible buyers might pair a conventional mortgage with assistance to cover upfront homebuying costs. The DPA programs can include grants, forgivable assistance, and deferred-payment second loans, offering a range of options to suit various financial situations.

The potential benefits are considerable. By utilizing DPA, buyers can enjoy greater flexibility with their upfront costs, allowing them to keep more savings for moving expenses and reserves. Additionally, these programs can provide much-needed support toward making a home purchase, depending on specific program terms. It's important to note that program availability and eligibility vary, and factors such as income, credit, purchase price, and occupancy may influence your options. Nonetheless, exploring these options could be the first step towards finding the perfect home for you.

Don Crozier, Senior Mortgage Advisor at NEXA Lending. NMLS #243214. Call (408) 440-6620.

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