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Purchase Season is Here
Manage episode 468170063 series 3648554
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Turn your tax refund, retirement savings, gift funds, stocks, bonds, or crypto assets into homeownership with just a 1% earnest money deposit
We offer 3% to 5% down payment assistance with no income limits
Minimum credit score required: 640
Estimated cash to close: $21,000 to $23,000 depending on closing costs
This includes:
• 3% down payment
• 2% broker fee
• 2.5% to 3% closing costs
• Minus $4,000 earnest money deposit credit and a typical $5,000 seller credit
Stocks, bonds, and crypto assets must be seasoned and converted to cash before closing
Disclaimer: A $5,000 seller credit is a common estimate, but FHA allows seller credits up to 6%, depending on your realtor-negotiated contingency
Which mortgage is right for you? Learn more at
https://www.mkgenterprisescorp.com/loan-programs
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