Unlock the door to homeownership with AMG’s groundbreaking loan program. Say goodbye to down payment worries and hello to a brighter future in your dream home.
🔑 Key Benefits:
- Zero Down Payment: Qualified borrowers receive a 3% down payment assistance loan, up to $15,000, from AMG.
- Flexible Terms: No monthly payment requirement or interest on the second lien mortgage.
- Easy Qualification: Meet AMG’s guidelines for Home Possible® or HomeOne® and experience the path to homeownership like never before.
🏠 How It Works:
- First lien mortgage meets LTV requirements.
- AMG provides a second lien mortgage for 3% of the purchase price, up to $15,000.
- Second lien has no monthly payment requirement and no interest.
- Second lien balance is due when the first lien loan is refinanced or paid off, whichever comes first.
📈 Qualification Made Simple:
- Borrowers at or below 80% of the Area Median Income (AMI) qualify.
- Very-low income borrowers receive a $2,500 credit as part of the 3% assistance.
- Minimum 620 FICO score and LTV greater than or equal to 95%, up to 97%.
Don’t miss out on this exclusive opportunity to revolutionize your homeownership journey. Join the AMG network today and let’s build a better future together! Call Robert today at (480) 415-0783 to get started.
ℹ️ Information subject to change. Certain restrictions apply. Subject to approval of borrower and investor guideline requirements. Down payment provided as a 2nd lien against the subject property. 2nd lien bears a 0% interest rate and cannot exceed a $15,000 loan amount. 2nd lien has no minimum monthly payment requirements, a term of 360 months, and is fully due as a balloon payment upon the occurrence of either a refinance of the 1st lien, payoff of the 1st lien, or the final payment of the amortization schedule of the 1st lien. Borrower must qualify based on Home Possible® or HomeOne® guidelines. Some exclusions may apply.
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