FHA Buyers: Only .5% Down with New Downpayment Assistance Program

Have the income, just not the cash needed for closing costs?  This program is now available through Paramount Equity Mortgage and can really help solve the cash gap when buying a home.  This would be a Grant, not a 2nd lien, that would cover about 3% of the sales price.  Partner the grant with standard FHA financing and your down payment will be only .5%, not the regular 3.5% which was previously required.  Call Ryan @ Paramount Equity for guidelines and details.  (916) 218-7043 or email him here:  rwagner@paramountequity.com

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About Ted DeFazio, Real Estate Agent

Well connected, locally based Real Estate Agent specializing in the Greater Sacramento Metro Area with many sales from Southern Sacramento County to the far reaches of Placer County and everywhere in between. Whether it's a Mid Century Modern home, Income Properties or Agricultural Acreage, I have experience in it all.
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