To qualify, the first - time homeowners must complete
a home buyer education course and provide $ 500 of their own money.
There are no income limits, and
home buyer education courses are not required.
Home buyer Education course and a Home Warranty is required for true first time home buyers (call me for details)
One of the requirements is the completion of
a Home Buyers Education Course, as well as the following stipulations: • Minimum credit score 640 + middle score • Income limits and purchase price limits do apply • First time home buyer requirement applies to all borrower -LCB- s) and spouses • No cash back at closing • Co-signers are not permitted • Owner - occupied, 1 unit properties • Town homes or Condos (Condos must be prior approved) • New construction or foreclosures okay
Combine that with $ 3,500 in seller paid closing costs, a $ 750 preferred lender discount, $ 1,500 home buyer grant, $ 500 credit for completing
a home buyer education course, and a $ 600 cash back mortgage offer.