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Our mission at The Spring Mortgage Team is to be your best resource for financial advice. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have about the lending process. Subscribe to this blog to get the latest news on loans for purchase, refinance, construction or cashout of residential and commercial property.

Wednesday, February 8, 2017

Have You Heard of Our New Down Payment Assistance Program?


We’ve developed an in-house down payment assistance program that can help clients who previously wouldn’t have been able to afford a down payment. 

Today I want to share some exciting news regarding down payment assistance. 

In the past, we’ve had clients that didn’t quite have enough money saved for a down payment. In response to this, we’ve developed an in-house down payment assistance program for up to 3.5% of the sales price. The credit qualifications are minimal and the income caps are much higher than the state-funded DPA programs or bond programs. 

We’d love to help you achieve the path toward homeownership, so if you have any questions about this new program, please don’t hesitate to reach out to us. We look forward to helping you!