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Inhalt bereitgestellt von MKG Tax Consultants. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von MKG Tax Consultants oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.
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Down Payment Gift for Health Care, Public Safety and Educational Occupations

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Manage episode 332043426 series 2814316
Inhalt bereitgestellt von MKG Tax Consultants. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von MKG Tax Consultants oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.

GSFA Platinum borrowers with certain occupations are eligible to apply for a DPA Gift instead of a Second Mortgage. The DPA Gift never has to be repaid.

Qualifying occupations in CA include:

  • Medical and Healthcare workers;
  • Peace Officers, Sheriff, Border Patrol Agents, Correctional Officers and others serving in a Law Enforcement capacity;
  • Firefighters, CalFire, paramedic, and Emergency Medical Technicians (EMTs), including administrative staff that supports firefighters; and
  • Current members of the California State Teachers Retirement System (CalSTRS) or University of California Retirement Plan (UCRP), employees of a California accredited Private, Charter or Public School District or California State University, Junior College or Private College, including school administration and staff.

Program Highlights

  • Financial assistance for down payment and/or closing costs (Now up to 5.5%).
  • Homebuyer doesn't have to be a first-time homebuyer to qualify.
  • Perfect credit not required. FICO scores as low as 640 can qualify.
  • Flexible income limits (low-to-moderate income).
  • Various first mortgage loan types available to fit the needs of the homebuyer
  • (FHA, VA, USDA and Conventional financing)

The GSFA OpenDoors Program helps low-to-moderate income homebuyers in California purchase a home by providing down payment and/or closing cost assistance (DPA), up to 7% of the First Mortgage Loan amount. On a $300,000 Mortgage Loan, 7% in assistance is $21,000.

The program is limited to owner occupied primary residences only. There is no first-time homebuyer requirement and the qualifying guidelines are flexible.

Program Highlights

Financial assistance up to 7%, to use for down payment and/or closing costs.

  • Homebuyer doesn't have to be a first-time homebuyer to qualify.
  • Perfect credit not required. FICO Scores as low as 620 can qualify.
  • Flexible income limits (low-to-moderate income).

Various first mortgage loan types available to fit the needs of the homebuyer.

(FHA, VA, USDA and Conventional financing)

Mortgage Loan Officer

Marshawn Govan NLMS# 1370676

Appointments, Call, Message

Direct (559) 354-3100

Schedule a down payment assistance consultation:

https://calendly.com/marshawngovan

Get Prequalified

https://www.mkgenterprisescorp.com/home-purchase/

  continue reading

56 Episoden

Artwork
iconTeilen
 
Manage episode 332043426 series 2814316
Inhalt bereitgestellt von MKG Tax Consultants. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von MKG Tax Consultants oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.

GSFA Platinum borrowers with certain occupations are eligible to apply for a DPA Gift instead of a Second Mortgage. The DPA Gift never has to be repaid.

Qualifying occupations in CA include:

  • Medical and Healthcare workers;
  • Peace Officers, Sheriff, Border Patrol Agents, Correctional Officers and others serving in a Law Enforcement capacity;
  • Firefighters, CalFire, paramedic, and Emergency Medical Technicians (EMTs), including administrative staff that supports firefighters; and
  • Current members of the California State Teachers Retirement System (CalSTRS) or University of California Retirement Plan (UCRP), employees of a California accredited Private, Charter or Public School District or California State University, Junior College or Private College, including school administration and staff.

Program Highlights

  • Financial assistance for down payment and/or closing costs (Now up to 5.5%).
  • Homebuyer doesn't have to be a first-time homebuyer to qualify.
  • Perfect credit not required. FICO scores as low as 640 can qualify.
  • Flexible income limits (low-to-moderate income).
  • Various first mortgage loan types available to fit the needs of the homebuyer
  • (FHA, VA, USDA and Conventional financing)

The GSFA OpenDoors Program helps low-to-moderate income homebuyers in California purchase a home by providing down payment and/or closing cost assistance (DPA), up to 7% of the First Mortgage Loan amount. On a $300,000 Mortgage Loan, 7% in assistance is $21,000.

The program is limited to owner occupied primary residences only. There is no first-time homebuyer requirement and the qualifying guidelines are flexible.

Program Highlights

Financial assistance up to 7%, to use for down payment and/or closing costs.

  • Homebuyer doesn't have to be a first-time homebuyer to qualify.
  • Perfect credit not required. FICO Scores as low as 620 can qualify.
  • Flexible income limits (low-to-moderate income).

Various first mortgage loan types available to fit the needs of the homebuyer.

(FHA, VA, USDA and Conventional financing)

Mortgage Loan Officer

Marshawn Govan NLMS# 1370676

Appointments, Call, Message

Direct (559) 354-3100

Schedule a down payment assistance consultation:

https://calendly.com/marshawngovan

Get Prequalified

https://www.mkgenterprisescorp.com/home-purchase/

  continue reading

56 Episoden

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