Currently viewing the tag: "closing cost assistance"
I’m going to say it again, because its important to hear. THERE IS STILL MONEY AVAILABLE TO HELP YOU GET INTO YOUR FIRST HOME! I can’t stress this enough, there are programs available to help you get down payment and closing cost assistance. Actually, lots of programs! Lets take a look at the information for first time homebuyers looking to purchase real estate in Dakota County:
The City of Savage, Minnesota was recently ranked one of the Top 10 Best Affordable U.S. Suburbs by MSN.com. Savage, located in Scott County, just south of Minneapolis is a great town located in the heart of the Twin Cities southern suburbs. Below is an excerpt
Linda was referred to our office by a past client. Linda had been preapproved with another mortgage company that never even mentioned programs that would clearly benefit her. Linda qualified for a first time home buyer loan through Minnesota Housing Finance Agency. She qualified for down payment assistance and closing cost assistance. Of course the other mortgage company never said anything to her. They didn’t offer those programs. The reality is that Linda has found a home, financed through Cornerstone Mortgage Company, received up to $15,000 in down payment and closing cost assistance, and is now a very happy homeowner.
The First Time Homebuyer Program from CDA provides homebuyers with financing for a first mortgage through participating lenders, such as Cornerstone Mortgage Company in Burnsville, at a low, fixed interest rate. Homebuyers accessing the Dakota County CDA First Time Homebuyer Program can also apply for downpayment and closing cost assistance loans of up to $10,000, depending on household income.
Watch this video for information on the upcoming First Time Home Buyer Class
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