Are you eager to buy, but need help with a down payment? The Purchase Solution Mortgage may be the key to securing your new home.
Available to buyers purchasing homes in Caddo or Desoto Parishes, the Purchase Solution Mortgage’s grant dollars can fund your down payment, closing costs, or prepaid items up to 4% of the sales price. Some of the features of this program are:
- Minimum 700 credit score
- Grant repayment is not required
- Primary Residence located inside or outside the city limits
- Available to all buyers, not limited to first-time buyers only
- Lower Mortgage Insurance premiums, translating to lower monthly mortgage payments
- Seller can still pay closing costs and prepaid items
- Income limitations apply
- Manufactured and/or mobile homes ineligible
Contact Denise at 318-798-7770 or Denise.Brossette@PierremontMortgage.com today to learn more about your Solution!