Home At Last™ Closing Cost Bonus Grant
Get a Bonus Grant from Home At Last™!
Bonus: something welcome and often unexpected that accompanies and enhances something that is itself good.
Home At Last™ Bonus Grant: a welcome $1,500 or $2,500 that accompanies and enhances the already awesome Down Payment Assistance.
Let us reward you with an EXTRA $1,500 or $2,500 to use for closing costs. The bonus is in addition to the benefits you’ll already reap with Home At Last™ Down Payment Assistance. This closing cost grant is for Freddie Mac HFA Advantage conventional loans to borrowers with certain household income levels*.
Conventional loan benefits include:
- Up to 97% Loan-to-Value
- Down Payment Assistance up to $19,000 – use for down payment and/or closing costs
- Below-market interest rate option
- Up to 50% lower Mortgage Insurance rates, making monthly payments more affordable
- Add the Bonus $1,500 or $2,500 grant – to be used only for closing costs
*51 to 80% AMI is eligible for the $1,500 grant and income at or below 50% AMI is eligible for the $2,500 grant.
Income Limits by County – Effective July 29, 2018