Down Payment Assistance – Understand all the costs associated with this loan!

First things first – there is so much noise right now on the internet, social media, print,  and TV about all the crazy going on in the world.  I thought it would be fun to put a post up about a topic everybody can get behind:

Cornerstone Schools of Washington, DC

A great school educating wonderful kids in Washington, DC
Check out the video below for more information

Cornerstone School of Washington D.C. – Hope and Academic Excellence in the Nation’s Capitol from Cornerstone Schools DC on Vimeo.

Now to the topic at hand:

Down Payment Assistance Programs

Down payment assistance programs are great tools when used correctly.  DPA’s used incorrectly  can be very expensive.

 Make sure you review the exact parameters of your down payment assistance program with your loan officer.  Ask the LO to provide an estimated fee sheet detailing all the costs, interest rates, and other pertinent details.

Click on my YouTube Video & the linked articles for more information

 Mike Nelson - Efficientlending.netMike Nelson - Efficientlending.net

Mike Nelson Efficientlending.net

 

Please feel free to call, text, or email anytime.  As always, Happy House Hunting!

Mike
720.213.6260
mnelson@efficientlending.net
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