First-Time & Repeat Homebuyers Don’t Miss Out on Up to $15,000 in Grants! 💰

Hello Hampton Roads,

Are you dreaming of owning your own place? Whether you're a first-time buyer or looking to move into a new primary residence, there's a new grant in town from the Federal Home Loan Bank (FHLB) that might be just what you need! The Workforce Housing Plus+ grant  offers up to $15,000 to help with principal reduction, closing costs, or your down payment.

Why This Grant is a Game-Changer:

• True Grant: This isn’t one of those programs where you have to pay back the money later—no silent second mortgage here!

• Generous Income Limits: If your household income is between 80.01% and 120% of the Area Median Income (AMI), you might qualify. Both state and county AMI is looked at to get you the best deal--meaning the higher limit is the one used.

• Inclusive Eligibility: It’s open to both first-time and repeat buyers, as long as the home will be your primary residence. (Sorry, no investment properties.)

• Minimal Contribution: You only need to contribute a minimum of $1,000 to the transaction. This can be in the form of an earnest money deposit (EMD), pre-paid appraisal, or even a gift.

• Cash Back: You can receive up to $250 cash back at closing.

Why Act Now?

This grant is available on a first-come, first-served basis, until the funds run out so don’t wait! This is a golden opportunity to secure your future home with some serious financial help.

Ready to Learn More and Review Your Options?

Take the first step towards owning your dream home today! Schedule a call with us to talk about our home buying plans and get personalized assistance: https://calendly.com/liz-schuyler

Thanks for Reading,

 

_________________________

Learn More about Assumable Loans:  Lock in Low Rates in a High Rate Environment