Down Pay Assistance! Chances are you are eligible!

By
Real Estate Agent with Keller Williams Premier Realty MN 20549720

                                 

 

 

 

 

“About 90% to 95% of buyers don’t realize they might be eligible for down payment assistance,” says Rob Chrane, president of Down Payment Resource, an Atlanta-based company that helps connect customers with down payment assistance. “It’s not really widely known.” - Fox Business 

Home ownership is still a dream is America but with large down payments coming out of pocket home ownership is staying a dream rather than a reality for potential buyers in the US. 

 Borrowers tend to need to put down 20%. On a 250,000 mortgage, that amounts to $50,000. Once closing costs are added to the mix, buyers can be facing paying around $70,000 out of pocket.

For most people this asking a lot. However, first-time buyers and those who haven’t purchased a home in three years can find down-payment assistance through government and non-profit agencies scattered across the country.

To find out how much you help you are eligible for or for more information click on the down payment icon below! 

 

 

Posted by

Rochelle AllisonThanks for reading our St Paul Real Estate Blog! I am a Realtor in the St Paul and Minneapolist area.  I love living in St Paul where the awesome neighborhoods and beautiful homes are my passion.  Our team works with buyers, sellers and investors.  

My concentration on homes for sale includes not only St Paul and Minneapolis, and also the surrounding Twin Cities and Western Wisconsin areas.  For more information on me or our awesome area, visit my website or email me at rochelle@rochelleallison.com.  When you're ready to sell or buy a home - we would love to help! To read what my clients have to say about us and our service, visit my Client Testimonial page.

 

Relocating to the Twin Cities?  Contact the Rochelle Allison Real Estate Team for information on moving to St. Paul and Minneapolis.  651.259.4683

Posted By: Rochelle Allison, REALTOR, specializing in St. Paul and Minneapolis Real Estate   651.259.4683 

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