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A Great New Loan Program for Home Buyers
Manage episode 162208594 series 1190625
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This loan program will gift you up to 10% down to purchase a home. There are limited funds, so acting fast is essential.
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I’ve got a great new loan program for buyers that I want to discuss with you today. This program is called “Pathway to Purchase,” and it’s one of the best programs I’ve ever seen for a conventional loan.
This conventional loan product gifts you up to 10% down, and you don’t have to pay it back. The only caveat is that you have to live in the house for five years before selling. After five years, you can sell or do whatever else you’d like. The down payment will cover up to $20,000, so you could get a home worth up to $200,000.
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There are limited funds in this program.
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Even if you have money saved up for a down payment, you can use this extra money for renovations. There are limited funds in this program, so if you would like to learn more, let us know as soon as possible so we can get you in touch with one of our lenders. This program is designed to stimulate activity, but once it’s done, it’s done. This product has also brought more buyers into the market, making it a smart time to sell, too.
If you have any questions for me, don’t hesitate to give me a call or send me an email. I look forward to hearing from you.
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