Conventional 0% Down #mortgagematters #firsttimehomebuyer #homeloans #mortgagebroker #homebuyer

Exciting new conventional down payment assistance program. Now, we still have our green FHA DPA program, but we understand that in a competitive housing market, sometimes that conventional offer can get the deal done. So we rolled out the new and improved conventional dpa. There's two different ways this program works. One of the ways is whoever you put on the home loan can't make more than 80% of the area median income. We can help you look that up. The other way is if they're a first time home buyer and have a credit score of at least 700, then they could qualify for the conventional down payment assistance. Now, this could be used for up to a $500,000 house. So within reason, anything up to 500 grand, you can qualify for this conventional down payment assistance program. Reach out to McGowan Mortgages today to get set up with your best home financing.