There are many down payment assistance programs and grant programs that become available throughout the year. Please contact me directly for the most up to date information.
Down payment assistance programs can be in the form of a GRANT or a SECOND lien.
A grant is normally an amount of funds given to qualified applicants and does not need to be repaid.
A second lien is borrowed money that would need to be repaid at some point. Sometimes when the home is sold or the loan is paid off through a refinance. Sometimes if you no longer occupy the property. Each program is different with it’s requirements and repayment requirements which is why you need to contact Colleen Craig for details.