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AMERICAN FAMILY FUNDS GRANTS
American Family Funds runs a non-profit charity called The Dove Foundation. This charity offers down payment and/or closing cost assistance to home buyers with FHA home loans and to those pre-approved for FHA loans. The program features:
- A simple application. (Your loan officer will complete the paperwork).
- No income requirements or credit investigation.
- Unlimited down payment assistance and/or closing costs.
- Down payment money made available at the time of settlement.
- Amounts range between 3% and 6% of the contract price of a house. Depending on your need or other factors your specific terms may vary.
Ask your loan officer for details on American Family Funds, down payment assistance programs, or how to make an offer contingent on the use of the AFF program. The seller must participate in the program and like most down payment assistance plans, the seller must pay a small fee. No fees are required of the buyer.
Since the this program uses many of the same items needed for an FHA loan,
we suggest that you familiarize yourself with all the characteristics of FHA loans by
going to FHA Loan Program: Important Facts and then apply online.
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FHA HOME LOAN
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FHALoan.com is a private mortgage company specializing in fha home loans and is not associated with the federal government or HUD / FHA.
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