Down Payment Assistance 

Are you looking to purchase a home?

If you are currently renting your home or apartment and need assistance with the down payment on your dream home. We turn renters into homeowners even if they have challenged credit. We have found in our most recent reviews from consumers who are currently renting and would like to purchase a home find it difficult to save money for a down payment on a new home purchase based on the rising cost of rent or concern about down payment options for a new home purchase. You can get into a new home with as little as 3.5% down. We can help you get up to 100 FHA financing with our DPA Program which gives you flexible options. If you have a credit score of 580 min with no recent delinquencies you may qualify by submitting an application to us a loan officer will call you back to discuss your loan options and the next steps to get your loan approved. We have helped several of our clients get Approved for the program after all you are under no obligation to accept the offer if you are turned down we will send you an adverse reaction notice that will explain the reason for the lender's decision as a consumer you have the right to contact the credit reporting agencies to get a copy of your most recent credit report. We are here to help you achieve homeownership. If you would like to get pre-approved for down payment assistance you call us at 770-302-0553 or 6787-855-3255 Money through Friday from 9:00 am until 9:00 p.m. EST and we can take your application over the phone you may also schedule a convenient time by setting up an appointment.

Renting VS. Homeownership 

The pros and Cons of renting: Renting a house or an apartment is a great way to establish credibility provided that the rent is paid on time every month your rental history can be used to show you have a consistent payment history if you plan to buy a house in the future. Renting also provides the needs of those looking to live in an area for a short term and not to mention the landlord is responsible for all property taxes and maintenance required like fixing that stopped sink or replacing the carpet or any repairs to ensure the property is habitable and suitable for you to live in, however, you can not make upgrades to the home without your landlord permission. You will also receive periodic rent increases that cause your rent to up and up.  each and every month you pay rent you are building no equity in the property in the event you leased your home or apartment on a long-term basis you have built a pretty good nest egg for your landlord let's say your rent is $1500.00 per month after twelve rental payments to your landlord at the end of the fiscal year, in this case, this would total of $18,000.00 in five years you will have paid out a total of  $90,000.00  after five years of paying rent to your landlord. You work hard every day to ensure the monthly rent is paid on the other side you have the option to purchase a home, if you desire to find a place for the long term and looking to build equity.

The Pros and Cons of Homeownership: Purchasing a new home can be exciting and overwhelming all at the same time because you have to maintain your home to ensure that it appreciates in value and you will also have to pay annual property taxes, HOA Association fees if you have an HOA, however, a home purchase has perks like building equity over time allowing you to see your money vs renting there is no equity. You may decide one day to rent your property out this is a great source of consistent income for you or if you plan to stay in your home awhile you may also use the equity to make repairs, and upgrades, pay your child's college tuition, or use the equity in your home how you see fit when you need your home's equity. If you are a first-time homeowner and plan to live in your home as a primary residence we can help you take the first steps to achieve homeownership by completing a mortgage application and getting you pre-approved so we can determine how much of a loan you qualify for. Call 678-855-3255 for a no-obligation mortgage consultation Monday through Friday from 9:0 am until 9:00 pm EST.

Homebuyers Education 

We offer all of our clients the resources and tools they need to become educated about their home-buying decision If you are a first-time homeowner. We recommend enrolling in Credit Smart offered by Freddi Mac this course will educate you on the home-buying process so you can get ready to become a homeowner upon completion of the course you will send in the certificate of completion we will submit proof of course completion to the lender upon request. You must complete the course prior to the closing of your loan to be eligible for the program.

Click on the button below to begin the credit Smart Course you will be redirected to Fredd MAC  follow the prompts and register to be sure to complete the course and take the exam you must score 80% or higher if you fail the class no worries you may retake the exam upon completion email your certificate of completion to mwilson@householdmarketplace.org . This course is a self-paced course offered by Freddi MAC  at no charge to consumers wishing to take advantage of DPA, there is a lot of helpful information for enrollees

Notice Adverse Reaction

All loans are subject to the final approval of the underwriting department in the event you are turned down for any reason the lender will send out an adverse reaction notice to you with an explanation outlining their final decision for adverse reaction notice will be sent out with thirty days of receipt of notice per the fair credit reporting act you have the right to copy of your consumer report that will update you with any credit history reported by your creditors in the event you determine there are inaccuracies, erroneous information, the fraudulent activity you have the right to dispute the validity of the debt, If the original creditor fails to correspond with proof validating the debt reported they will have to remove the debt from your credit profile. You may reach out to Equifax, TransUnion, or Experian to file your dispute in writing. If you have any questions for us please call  770-302-0553 Moneday though Friday from 9:00 am until (:00 pm EST.