We can help if your clients new situation leaves them without the $$$ for a down payment. We help clients buy homes with less than $2000 down and this is how...
We help our clients buy homes with less than $2000 out of pocket.
Our Clients need a couple things to get started.
1. Income of $40k
2. Credit score of 640
Of course it's not that easy but that starts our process.
As you can see our Realtors represent the buyer during the purchase of the home and do not require any money from the buyer. The seller pays our Realtors commission as negotiated with their Realtor in the listing agreement.
The Down Payment Assistance Program will cover the initial down payment.
The 3% in sellers concessions we negotiate at the time of contract in normally enough to cover all the closing costs our buyer would need to pay at closing. Some of our clients will even get the Earnest Money Deposit back if the sellers concessions have a credit but not always.
Amounts are approximate based on past transactions
Earnest Deposit $500 - $1000
Home Inspection $500
$1500 - $2000 out of pocket
My Name is Hud Rhodes and I started 40k640.com to help buyers who don't have the down payment but have the income and credit to buy a home. You can reach me directly @ 480-717-2346 with any questions. I look forward to helping your clients with the next step after the Divorce is final.
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- All Rights Reserved. This is not an offer for extension of credit nor a commitment to lend. Programs, rates, terms, and conditions subject to change without notice. All approvals subject to underwriting guidelines. Not all products are available in all states. Certain restrictions may apply. Not endorsed or sponsored by the Arizona Department of Housing, the Maricopa County or Phoenix Industrial Development Authorities, or any state or federal government agency. By submitting your information, you consent to being contacted by LHM Financial Corporation dba CNN Mortgage.