We’re excited to supply a game-changer for our purchasers’ homeownership goals. We proudly current the EQUO Down Cost Help (DPA) Program – a revolutionary providing designed to simplify, improve, and expedite the journey to homeownership.
Why EQUO DPA?
- Versatile Credit score Necessities: Say goodbye to conventional credit score boundaries. With EQUO DPA, even a credit score rating of simply 580 can open doorways to homeownership.
- Versatile Help Choices: Empower our purchasers with as much as 3.5% or 5% of the lesser of the Buy value or Appraised worth as help. What’s extra, it’s repayable over a 10-year interval, with a fee solely 2% larger than their first mortgage.
- Countless Prospects: Funds can be utilized for down funds, closing prices, or each, offering your purchasers with the flexibleness they should obtain their homeownership objectives.
- Numerous Property Decisions: Whether or not it’s a single-family house, a multi-unit residence, an FHA-approved rental, or a manufactured house, the EQUO DPA program is designed to accommodate various property decisions.
- Steady Amortization Plans: With a 30-year mounted first lien and a 10-year mounted second lien, purchasers can benefit from the stability they deserve on their path to homeownership.
- No Constraints on First-Time Consumers: EQUO DPA welcomes all consumers, whether or not it’s our shopper’s first house or their fifth. Our program helps them at each step of their homeownership journey.
- Seamless Financing: Our program aligns with FHA pointers, and with Debt-to-Earnings (DTI), it caters to the distinctive wants of our purchasers.
Contact our workplace for details about how the EQUO DPA Program can empower your path to homeownership.
Join with one among our loan consultants to be taught extra.