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Real Estate Agent Superstars

Get the 5% grant for home buyers in Jefferson Colorado!
No first time home buyer requirement, and no requirement to repay the grant funds!
http://bit.ly/1m6ksuo

The NHF Platinum in Jefferson Colorado is a grant program designed to help home buyers with down payment and closing costs assistance up to 5% of the sales price of the property. Unlike many of the other down payment assistance programs
in Jefferson CO, there is no first time home buyer requirement. However, you must plan to occupy the home as your primary residence. The CO NHF Platinum program is a grant, not a loan, so it never has to be repaid! So what's the catch you ask?
There are a few, but the program does accept most home buyers in Jefferson Colorado .

The main qualifying factor is that there are county income limits for qualifying for the CO NHF Platinum program.

http://bit.ly/1oxCKEo
Your qualifying income (income used to qualify for the mortgage) must be at or under 115% of the median income in the county where you are looking to buy. Here is a link to the NHF Platinum County Loan Limits in Jefferson CO. Most of the Denver metro area has a 2014 income limit of $88,205.

Larimer County sits at $84,525 and El Paso County is currently at a $82,685 limit. The program is also a little more strict on other qualifying guidelines. Debt-to-income ratio, for example, can't exceed 45%. In other words, your total monthly debt payments including the new mortgage cannot exceed 45% of your gross income.

Your credit score must also be higher than many lenders will accept, a 640 minimum score is required. Non-occupying co-signers are not allowed and the home must be your primary residence, which can make things a little more tricky especially if you are a first time buyer.

The 5% grant is available throughout Jefferson Colorado and is available for all common loan programs- FHA, VA, Conventional, and USDA financing. Here is a link to the NHF Platinum website. http://bit.ly/1m6kCSu
There are many other programs that you may be able to use in tandem with the NHF Platinum program.

The Jefferson Colorado MCC Tax Credit http://www.mcccolorado.com, and the Homes for Heroes program are the two main ones that can save you additional money. The tax credit is for first time home buyers or Veterans, and basically will get you a tax credit of 20% of your mortgage interest for the life of your home loan.

The Homes for Heroes program is a real estate discount program for heroes in our community such as fire fighters, police officers, teachers, and Veterans.

NHF Platinum is only available to approved CO lenders. We are an approved NHF lender. Call RJ Baxter today to find out if you qualify for this wonderful program!