The Home Possible program
The Home Possible program is designed for buyers who have low to moderate incomes and offers a lot of flexibility.
o Low down payment – up to 97% of home can be financed
o No first-time homebuyer requirement
o No minimum borrower contribution requirement
o Down payment can be a gift
o No reserves requirement
o Lower mortgage insurance (MI) coverage
o Income Limits: 80% of area median income (AMI)
o Requires homeowners education course
Give me a call to find out which low-income assistance programs will best meet your needs: 859-317-5065
Some of these options include:
* Certain restrictions apply. Not available in all areas. Please contact your PrimeLending loan officer for more details.