CHF Platinum is a 3% home buyer grant that can be used to cover down payment or closing costs.
This program is, at this point, perpetually funded with no pre-determined limit to availability of the down payment or closing cost assistance.
The CHF Platinum program is being administered by the National Homebuyer Fund (NHF).
The top 3 things you need to know about the CHF Platinum Grant
1. You must use an approved lender (brokers not allowed) approved to offer a NHF first mortgage.
2. The first mortgage can be either a FHA, VA or USDA loan at the published interest rate. Lenders are not allowed to determine the interest rate for this program.
3. Home buyer must meet income requirements for CHF Platinum program. Income limits are limited to $89,880 in San Diego County. The maximum purchase price is $415,000.
This is an incredible opportunity for home buyers to take advantage of historically low interest rates as well as affordable home prices.
Just think, you are looking to buy a home for $300,000 for example, you could receive $9,000 in FREE money to help toward either your downpayment or closing costs.
Want more information, just let me know!
Jane Loveday
Licence # 01439083
Pacific Sothebys International Realty
619-519-1615 Cell
http://janeloveday.com/
http://www.facebook.com/realestatesandiego
http://www.linkedin.com/in/janeloveday
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