Ask us about 100 percent FHA financing

Did you know that we have a 100 percent FHA financing option available for qualified buyers? Our new exclusive program can cover the cost of your down payment through forgivable Down Payment Assistance (DPA) or a repayable Down Payment Assistance (DPA) loan.

To qualify for forgivable DPA assistance, you must have income of less than $67,735 per year and meet other criteria. The assistance is equal to 3.5 percent of your loan amount and is fully forgivable — meaning you wouldn’t have to pay it back — if you make 36 on-time mortgage payments!

There’s also a repayable DPA option, also for loan applicants with income of less than $67,735 per year. This program also provides assistance that is equal to 3.5 percent of your loan amount. The amount is payable over 10 years at … drumroll please … 0 percent interest!

Either option can be a great way to buy your first home. For more information about this incredible financing option, contact loan officer Larry Balding, Kyle Hescock or Michelle Harms at 541-735-3491.