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Hey,
Realtors®, Sell Homes Faster!
Buyer's Hope helps
Realtors® sell more homes with less marketing time. Here's how!
Buyer's
Hope can provide Realtors® with a world of new prospects. As you know,
many new prospective home buyers in today's market are credit worthy but
lack the necessary funds for a down payment and closing costs on a home
of their own. Buyer's Hope can provide them with the funds they need to
buy a home of their own. And this means more prospects for you.
In
the HUD handbook, section 4155.1, REV-4, and in Mortgagee letter 00-08,
the government allows for a gift toward the purchase of a home, &
does not require the borrower to qualify or repay this gift.
The
program is simple and easy, and it can work for any Realtor®. Have
the Seller or Builder agree to a Service Fee, have your Lender complete
the Grant Application, and the money will be
wired or delivered to the closing agent of your choice.
Grants
are available for Conventional, FHA, or Sub-Prime loans. Buyer's Hope
funding is available for loans approved by your underwriters for closing.
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