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


About Ted DeFazio, Real Estate Agent

Real estate agent primarily focused on the Sacramento area market selling luxury homes, mid century modern, first time buyers and income properties.
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