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govt grants: DPA or Down Payment Asst. & seller paying closing costs
- 06/05/09 12:13 AM
I just closed client this past week that got 3.5% DPA from a local 501c3 Approved HUD Agency and seller paid $5000 in closing costs. When they signed docs the final HUD showed them getting part of the earnest money back after funding. She was in tears and very grateful. I just heard from the Non Profit HUD Agency that they applied for a grant to have up to 22% down for clients looking to buy foreclosed homes in July. This is very exciting news please call/email for more details. Juan JD Delgado, Nova Home Loans is S AZ #1 Mortgage Lender
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