Yemeni Mason walks through how a buyer closed on a home with zero cash at closing. The client got $20,000 from Florida's Hometown Heroes program for medical workers and $28,000 from Miami-Dade County's Homeowner Assistance Program, covering the full down payment with just a 1% earnest-money deposit upfront.
So I want to tell you guys a quick story about a client of ours that had a crazy amount of cash to close, and I say that in a great way. So we were able to get them $20,000 from the Florida Hometown Heroes because they were in the medical field. We also were able to get them $28,000 from the local Miami-Dade County Homeowner Assistance Program, and basically they only came to closing with their earnest money deposit, which was 1%. I say all that say, you don't really need a whole lot of money to close. As long as you have your escrow/earnest money deposit to be able to put down for you to secure your contract, we can get you down payment assistance as a first-time homebuyer that can help you with your cash to close and have you literally bringing $0 to the closing table.
How to Qualify for your First Time Home Purchase #mortgagerates #homeownership
