The Dream Builder Equity Program can be your ticket to homeownership.
We have amazing news! If you’ve been finding it incredibly difficult to save up enough money to buy your first home, there’s a down payment assistance grant that can help you.
The Dream Builder Equity Program is a government initiative that offers a 20% down payment for homebuyers,
making it easier to purchase your dream house. The federal state and local governments are all trying to combat the issue of housing affordability, and this has been an incredible program for this purpose.
This is a fantastic assistance grant for the middle class, as homeownership is a quintessential way to enter the middle class by providing a net worth increase through asset appreciation. I am not a lender and cannot discuss the qualifications for the program, but you might be surprised by the income requirements. For instance, a joint income of up to $150,000 can still qualify for down payment assistance.
One of its unique aspect is that it offers a 20% down payment rather than the usual 3.5% or 5% to cover an FHA loan. This helps lower monthly payments and reduce interest rates that tend to be higher with down payment assistance loan programs.
Partnering with an expert lender like Keith Collins is important when working with The Dream Builder Equity Program. Interested buyers can reach out to us to learn more about it and its requirements. Give us a call or send an email. We would love to help you buy your dream home.