15000 In Down Payment Assistance Is Back For 1st Time Home Buyers

15000 In Down Payment Assistance Is Back For 1st Time Home Buyers

Tired of Paying Someone Else's Mortgage But Don't Have a Down Payment Saved Up?


Read on to find out if you qualify for $15,000 in Down Payment Assistance!


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Down payment assistance programs are back in Charlotte! Available in Mecklenburg and Cabarrus county this loan program is designed to help first time home buyers (or folks who have not owned a home in at least 3 years) into a home!  


The $15k down payment assistance program is a forgivable loan to help pay your down payment.  So what's the catch?  


If you live in the home for 5 years, then the $15k is completely forgiven!  If you move before that,  you'll have to pay some of the $15k back.  If you're planning on staying in Charlotte for at least 5 years though, this is a great program to get you out of a rental and into your first home!


Stop paying someone else's mortgage!  Give me, Bobby McDonald, a call at 704-351-0987 if you'd like to discuss this program further or get pre-qualified.  There are a limited number of loans for this program so don't wait!


Search Property for Sale in 28210 from $150 - $245k

Search Property for Sale in 28270 from $150 - $245k

Search Mecklenburg County Condos/Townhouses from $125 - $245k



Program Details: 

  • Starts Oct 17th

  • Income Limit: Up to 2 people $67k (combined income), $77k for 3+

  • Minimum Credit Score: 640

  • Max Purchase Price: $245k

  • 1st Time Home Buyer (or have not owned a home for 3 years)

  • Mecklenburg and Cabarrus county only

  • 5 year forgivable loan (live there for 5 year and 1 day to owe nothing on your $15k down payment assistance)

  • Mortgage Insurance can be paid down/off using the $15k in down payment assistance

  • No Money Down

  • Instant Equity!



Connie Massetti Headshot
Author:
Phone: 704-340-5967
Dated: September 30th 2016
Views: 728
About Connie: Licensed agent assistant who coordinates with McDonald Group clients and agents during all aspects o...

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