Down Payment Assistance ProgramJackie Toppin2017-12-27T23:42:44+00:00
Down Payment Assistance Program
This program provides up to 3% in down payment assistance for FHA, VA and USDA 30-year fixed mortgage loans. The assistance is in the form of a grant and there is no repayment associated with this program.
The grant may be used towards the borrowers down payment, closing costs and any prepaids. The loan guidelines follow the same rules and requirements but with a new down payment assistance program included.
The loan must be for an owner-occupied home and the borrower cannot own any rental property.
4% DPA – FHA, VA & USDA
3% DPA – Conventional (Fannie Mae & Freddie Mac)
Program Requirements income limits restricted by county
Minimum Credit Score: 640
Purchase price maximum government – $250,200; conventional – $324,000
Both Jackie and Robin were very helpful and always available to answer questions I had. Thank you for making this process as smooth as it could be.
Jackie and Robin were both so nice and made the process smooth and easy for us! I would recommend Guaranty Mortgage to everyone!
Jackie is great to work with, great at answering questions. Pleasure working with her.
Janice W. H.
Jackie knows the Mortgage Business! She is an amazing person to work with, If you or anyone you know in the Anchorage, AK area are looking to refinance or purchase a new home I would highly recommend Jackie at Guaranty Mortgage!