HomeFundIt: An Easier Way to Fund Your Down Payment |
Abstract
Many buyers who can afford a mortgage struggle to buy a home because of upfront costs like a down payment. With HomeFundIt™, home buyers can buy their home sooner with a larger down payment. Getting Started $2,000 Closing Cost Grant Eligible first-time buyers can earn up to $1,000 toward closing costs when they complete a home buyer education course or pre-purchase counseling before the purchase contract is signed. Every gift earns a 2-to-1 match, up to the lesser of $2.5%. Each gift that you raise goes directly toward your down payment savings.
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