DO YOU QUALIFY FOR UP TO $7,500 OFF CLOSING COSTS – CALL ME TODAY. SANDY HERRICK – REECENICHOLS REAL ESTATE – 913-205-4333
The America’s Home Grant® Program is a lender credit offered by Bank of America to help qualified homebuyers pay for nonrecurring closing costs up to $7,500 to help make buying a home more affordable.
Eligibility depends on income and the location of the home; other restrictions apply.
Program funds can only be used for nonrecurring closing costs including title insurance, recording fees, and, in certain situations, discount points that may be used to lower the interest rate. Lender credit cannot be applied toward down payment, prepaid items or recurring costs, such as property taxes and insurance. Borrowers cannot receive program funds as cash back.
Best of all, this is not a loan — it does not have to be repaid.
I can help you find out if you qualify and help determine if other options for down payment or closing cost are available.