Down Payment Assistance Grant

Down Payment Assistance Grant

Conventional Grant Loan

  • We do the Down Payment Assistance Grant paperwork for you

  • We lend up to 97% of purchase price + up to 5% Grant

  • Grant is for down payment plus closing costs

  • Grant is a zero interest 2nd mortgage - disappears after 3 years

  • Must live in home for 3 years

  • 620 Min. Credit Score

  • Median County Income Limits apply

  • Not Limited to First Time Homebuyers

  • SFR, Approved Condos and Town Homes OK

  • Discounted Mortgage Insurance

  • Gift Funds Allowed from family

  • Seller can pay 3% or home price towards closing costs



FHA Grant Loan

  • We do the Down Payment Assistance Grant paperwork for you

  • Not Limited to First Time Homebuyers

  • 3% - 4% Down Payment Assistance Grant

  • Grant is Free / Never has to be repaid

  • 100% Forgiven day of closing

  • 620 Min. Credit Score

  • Gift Funds allowed

  • Outside Grant source allowed

  • 140% Median County Income Limits

  • Seller can pay up to 6% of home price towards closing costs

  • SFR, Approved Condos, Town Homes, and Manufactured Homes Allowed

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It's a great time to purchase your new home. Get the process started by applying with Axent Funding today!

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