Flexible Grant Program for Home Buyers

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Today, I'm joined by Taylor Loop of Movement Mortgage to discuss a great grant program for home buyers. This is free money that you can use for down payment assistance and closing costs.

It's an excellent government program that provides 5% for down payments and closing costs for FHA or VA transactions, and 3% down for USDA loans. The requirements are very flexible; this program is not limited to first-time home buyers, and if you sell the property later and move, you're not required to pay it back. The property just has to be your primary residence on the close of escrow.

If you need to refinance your home, you may also be able to use this grant money for some of the costs involved in that.

So, if you've been struggling to save up money for your down payment, this program could be perfect for you. If you have any questions, please give me a call. I'd be happy to answer any of your questions, and I can put you in touch with Taylor. We look forward to hearing from you!