Attention all potential homebuyers that want to buy their primary residence in Gulfport, MS!!

Beginning October 1st, you can pick up your HOMELINE application at Trailer E-2 near City Hall.  Part of the application process will be to obtain your homeloan financing. 

Call Molly Lionberger, Assistant Vice President at First Bank & Trust of MS today to get pre-approved. 228-257-9000.  Email: mlionberger@fbtonline.com

Be prepared with the following documents:  30 days of paystubs, 2 months bank statements, Last 2 years W-2s and tax returns, picture ID & Social security card.

Below is the press release from the City of Gulfport, briefly explaining the program. 

CITY OF GULFPORT ANNOUNCES "HOMELINE"

A HOMEOWNERSHIP ASSISTANCE OPPORTUNITY PROGRAM

Gulfport, MS -- The City of Gulfport is very pleased to announce that it has been awarded $9 million in Katrina CDBG Workforce Housing Funds, which are being used to fund "HOMELINE," a homeownership assistance program providing $50,000 in down payment assistance for the purchase of affordable homes in the City of Gulfport.

HOMELINE funds may be used to purchase an existing home constructed in 1980 or later and in good condition, and newly constructed affordable housing located within the city limits of Gulfport.

To qualify for HOMELINE assistance, applicants must meet the household income qualifications, have the ability to secure a first mortgage, and complete a Homebuyer Education Class.

"The CDBG funds will provide long-awaited and greatly-deserved workforce housing opportunities for low and moderate income citizens. I encourage residents to take advantage of this program and fill out an application. The process is simple, and we are here to help," said Mayor Brent Warr.

October 1st, "HOMELINE" applications will be available for pick-up at the City of Gulfport Community Development Department, 2309 15th Street, Gulfport. For more information, call (228) 868-5736 or (228) 868-5862, or email communitydevelopment@gulfport-ms.gov.

City of Gulfport
Contact: Rebecca Kajdan
rkajdan@gulfport-ms.gov
(228) 868-5801

Remember, you need to get preapproved for your home loan.  For more information and to get preapproved, call Molly Lionberger, Assistant VP at First Bank & Trust of MS, today to set up your appointment.  228-257-9000.

 

1 Comments on Gulfport Launches HOMELINE Program - offering $50,000 for Down Payment Assistance

JUN
24

Hi. I recently got approved for a grant, and I accidentally turned in or lost the list of providers for the homebuyer education program. I was wondering if you could help me out. I would really appreciate it.

Jarrod

Jarrod
8:32am • #1

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Molly Lionberger

Easton, MD

More about me…

Prosperity Mortgage

Address: 1315 Mt. Hermon Road, Salisbury, MD, 21804

Office Phone: (443) 523-5599

Cell Phone: (443) 523-5599

Email Me

The purpose of my blog is to provide mortgage industry information that will help homebuyers obtain the best financing for their individual needs and to help realtors close more deals. Knowledge is power. With the changing of the rules within the mortgage industry, it is more important than ever for realtors to know basic credit guideline rules.


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