How Do I Buy a Home for 0.5% Down Payment? CHF Platinum Program is Back! Real-Estate-for-Santa-Clarita-
*******UPDATE BREAKING NEWS*****
This program was slated for Feb 1st, but has since been delayed. I have an email confirmation from CHF itself this will be about a 2 week delay and marketing for this program could resume. If anyone has any questions please contact me using the form below or calling or email.
As of Feb 1st 2012 the CHF Platinum program is back in effect!
This is a government program that grants a home buyer 3% of the 3.5% down payment on an FHA loan. Leaving the home buyer to pay only 0.5% down payment on their new home!!!
This program was limited to a short time last year and will most likely be the same last year.
What does this mean for you?
With the grant and if the sellers pay closing you can purchase a $400,000 home for only $2000 down payment. (other fees such as escrow or inspection fees may apply)
This is an incredible offer, coupled with the lowest rates of our lifetime it could not be a better time to purchase a home in Santa Clarita. Even a 3.5% down payment is a great offer to purchase a home versus a traditional 20%.
This makes purchasing a home here in Santa Clarita more affordable than most rental agreements and with the tax advantages in home ownership a true win-win for anyone thinking of purchasing a home.
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