Get your 5% Downpayment From City Hall

London City Hall has eased the criteria for The Affordable Homeownership Assistance program if you are a renter and purchase a house in London or Middlesex County. To qualify, you must earn less than $55,000 in total family income and put an offer on a house or condo for no more than $140,000 before March 31,2009. As well, you must receive mortgage approval from a financial institution. As a bonus, you can also receive 1% of the purchase to cover your closing costs! These are interest free loans and offer a great opportunity for those who rent but did not have the downpayment saved up. For more details and to get the ball rolling, email me at ty@enveloperealestate.com or give me a call at 519-435-1600