We’ve never seen a program like this before! This new homebuying initiative aims to help middle- to low-income buyers become homeowners, but it’s not limited to first-time buyers.
The mayors of Denver and Littleton want to make it rain.
Here’s an excerpt from the Denver Post article: “The program offers a competitive, fixed-rate, 30-year mortgage, along with a 4 percent grant for down-payment and closing-cost assistance — money the borrower does not repay.”
Did you catch that? Free money! That’s $8,000 on a $200,000 house.
There is a minimum credit score and maximum income level to qualify. Additional cities are expected to offer the program as well.
If you’re thinking of buying in Denver or Littleton, this is something you must check out!
Marty would be glad to help you get started today: 720-891-9000.