The private mortgage banker has announced a new partnership with the national nonprofit aimed at stimulating and expanding homeownership nationwide, National Homebuyers Fund, Inc. (NHF), to create a national home buying assistance program
by Heather Turner
Land Home Financial Services, Inc. (Land Home), a private mortgage banker, has announced a new partnership with the national nonprofit aimed at stimulating and expanding homeownership nationwide, National Homebuyers Fund, Inc. (NHF).
The new program, NHF Sapphire, is a true homebuyer grant available to returning and first-time homebuyers.
“Teaming up with NHF has been a goal of this organization for a long time. Every American deserves the opportunity to achieve the dream of homeownership–we took a big step in that direction today,” said Brad Waite, president and chief executive officer of Land Home.
The Sapphire program provides up to 5% of the mortgage loan amount in the form of a grant to help individuals and families meet down payment and/or closing costs. According to a company press release, the program also offers affordable interest rates, along with a plethora of options and levels of assistance to meet the varying needs of homebuyers.
Additional benefits of the NHF Sapphire Program through Land Home include:
Land Home Financial Services, Inc. (Land Home), a private mortgage banker, has announced a new partnership with the national nonprofit aimed at stimulating and expanding homeownership nationwide, National Homebuyers Fund, Inc. (NHF).
The new program, NHF Sapphire, is a true homebuyer grant available to returning and first-time homebuyers.
“Teaming up with NHF has been a goal of this organization for a long time. Every American deserves the opportunity to achieve the dream of homeownership–we took a big step in that direction today,” said Brad Waite, president and chief executive officer of Land Home.
The Sapphire program provides up to 5% of the mortgage loan amount in the form of a grant to help individuals and families meet down payment and/or closing costs. According to a company press release, the program also offers affordable interest rates, along with a plethora of options and levels of assistance to meet the varying needs of homebuyers.
Additional benefits of the NHF Sapphire Program through Land Home include:
- Generous FICO-620 /DTI-45% requirements
- Low-to-moderate income limits (qualifying income only) 115% FHA AMI Income Limits
- Available nationwide