Owning a home is a dream for many, but navigating the financial aspects of purchasing can be daunting for some. Fortunately, there are programs available designed to provide assistance to aspiring homeowners, making the journey to homeownership more accessible and favorable. Homeready® First is a program designed to help first time homeowners achieve homeownership.
Qualified borrowers have the opportunity to receive a substantial $5,000 grant towards their home purchase. This financial boost can make a significant difference in covering initial expenses or reducing mortgage burdens. Eligible borrowers can also receive up to $500 towards a 1-year home warranty and $500 towards appraisal costs. This investment ensures that your new home is protected against unexpected repairs, providing peace of mind during your transition and making it easier to manage the upfront costs associated with purchasing a home.
Location Matters: To qualify for these benefits, borrowers must meet certain criteria, including having their current primary residence located in an eligible census tract. This requirement ensures that assistance is directed towards areas that can benefit most from increased homeownership opportunities.
Navigating the world of real estate and mortgages can be complex, which is why it's crucial to work with professionals who understand the landscape. A trusted real estate agent and mortgage lender can provide invaluable guidance and insight, ensuring that you are aware of the available programs and opportunities and help in making informed decisions every step of the way.
If you're ready to take the next step towards owning your own home, I am here to help. Reach out to me to learn more about this program and others that may be available to you as a first time homebuyer. Contact me at 702-413-3564, or email me at morgan@citybrixrealty.com for more information.
Schedule a call at https://calendly.com/morganbazil, or email me at morgan@citybrixrealty.com.
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