I just returned from Holiday's and I am excited to find the Government Down Payment Assistance Program has returned.....
In Simcoe county you can receive up to $24,786 towards your down payment if....
Purchase is LESS then $247,862
Purchase is a NEW home, not previously lived in. ( No Mobile Homes )
Borrowers must earn LESS then $73,500
Borrower must have LESS then $20,000 in assets
*** Must make Offer of Purchase with a 10 day financing condition
*** Must have minimum 20 day closing for processing
This is a great LIMITED TIME program, which will get families into into home ownership. The applications for this program are now a standard part of my pre approval process for First Time Home Buyers.
Thanks,
Cory Kline, AMP