Friday, June 17, 2011

HOME Down Payment Closing Cost (DPCC) Assistance

Available for first-time homebuyers with a household income less than 80% of area median income.
- Minimum of $1,000 with a maximum of 3.5% of the purchase price not to exceed $8,000, based on borrower's need, and the adjusted gross household area median income (AMI).
- Borrower minimum investment of $500, with no cash out at closing.
- Property must have been previously vacant or owner-occupied.
- Finally Home!® Homebuyer Education program completion prior to applying for the assistance
Click here to learn more

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