Home Down Payment Assistance Program
Are you a first time homebuyer looking for down payment assistance? Are you a veteran who qualifies for a no down payment VA Loan? Or are you a different situation that requires home down payment assistance? You're not alone. Last year, nearly 25 percent of homebuyers reported that the most difficult part of purchasing their home was saving for the down payment. With property values rising higher every year, a down payment on a home can mean upwards of tens -or even hundreds - of thousands of dollars out of pocket. Learn more about the down payment assistance programs we offer at US Mortgages below.
What loan down payment assistance programs are available?
Many potential homeowners have excellent credit, and sustainable income, who are deterred by the high initial cost of putting a down payment on a house. Fortunately for prospective residents, there are over 2,000 home ownership programs throughout the country. US Mortgages, located in Denver, Colorado, is very well versed in every mortgage down payment assistance program that hopeful homeowners may qualify for. Certain loan programs, such as USDA or VA home loans, require no initial down payment on your home at all, making them attractive options for potential homeowners with regular income, but who lack substantial savings. One grant that provides homeowners with mortgage down payment assistance is the Colorado Housing and Finance Authority's CHFA grant. The average grant in this program is $6,000, which provides assistance for the down payment on your home loan, so you can get the home your family deserves. Whether your credit is good, or less than, US Mortgages is glad to offer this service to borrowers with all ranges of credit scores and histories.
Ready to take the next step in getting home down payment assistance?
If you're ready to learn more about the kinds of home loan down payment assistance we offer at US Mortgages, there are a couple of options. The first is letting us know how to best get in touch with you by providing your contact information. One of our Mortgage Loan Officers or Personal Loan Consultants will get in touch as soon as they can. If you'd like the fastest response possible, feel free to also give us a call.