Be the first one to educate your client about the True Grant program. You will gain an additional client!
This is a True Grant
Zero interest never to be returned
Available for Conventional and FHA loans
640 Credit Score Needed
Maximum Debt to Income 45%
Available in entire state of California
Subject to Underwriter approval
- Borrower buys home for 500K with 10% down
- Borrower can apply up to $21,205 to pay for closing costs. Unused amount can go towards reducing the 10% down
- Maximum Loan amount $424,100
- Borrower buys home for $424,100 with 5% down
- Borrower can apply $21,205 for the 5% down
- Seller can pay for borrowers closing costs
- Borrower gets possession with zero down
This is not a commitment to lend. Prices and guidelines are subject to change without notice. Some products may not be available in all states. Subject to review of credit and/or collateral; not all applicants will qualify for financing. It is important to make an informed decision when selecting and using a loan product; make sure to compare loan types when making a financing decision.