Call Today: (800) 566-0551
Call Today: (800) 566-0551
mortgage loans
mortgage loans

Down Payment Assistance

Many local and state agencies run bond programs to generate funds to help individuals and families with a down payment. Contrary to public thinking, these bond issues are not a type of welfare. The government knows that it can be tough to buy that first home, especially on a limited income.

Most agencies are income sensitive, but you may be surprised by the high level of acceptable income. The income level is especially high if you have children or dependents. Most agencies also have purchase limits, but they are adjusted to the income qualifications level.

If you are able to obtain down payment assistance, you may receive a lower interest rate. The drawback is that it often takes quite a bit of work with extra paperwork and mandatory education classes. Our advice, find a realtor or mortgage professional who is familiar with both the local and state agencies and their policies.

3560 Cardinal Point Drive, Suite 101, Jacksonville, Florida 32257
Toll Free: 1 (800) 566-0551 | Office: (904) 338-9356 | Fax: (904) 338-9402
E-Mail: [email protected]

 

3560 Cardinal Point Drive, Suite 101, Jacksonville, Florida 32257
Toll Free: 1 (800) 566-0551 | Office: (904) 338-9356 | Fax: (904) 338-9402
E-Mail: [email protected]

 

 

Atlantic Trust Mortgage
NMLS #239592 
Privacy | Terms | Contact Us | Home

 

 

Atlantic Trust Mortgage
NMLS #239592 
Privacy | Terms | Contact Us | Home