Down payment assistance - the good and the bad
Manage episode 381788335 series 2979320
up to 5% of the purchase price can be used for the downpayment assistance program
there are forgivable and nonforgivable loans, which one do you want?
rates are typically higher but it helps if you have no funds whatsoever.
What happens when rates come down, are values up, the same, or down, and how does that affect your refinance when the time comes? Lot to consider when getting the downpayment assistance
tune in and learn more at https://www.ddamortgage.com/blog
Didier Malagies nmls212566
DDA Mortgage nmls324329
#mortgage
282 episodes